We continue to experience strong investor interest in quality real estate in strategic growth markets
Calgary and Scottsdale (PRWEB) August 28, 2009
Walton International Group Inc. announced today the successful completion of unit placements in the Walton USA Cottonwood, LP.
Walton USA Cottonwood, LP attained a final closing on July 1, 2009 and involves 124 investors. The property is part of a 1,375 acre master planned community informally known as Cottonwood.
Located in Grayson County, Texas, Cottonwood is strategically situated north of Dallas, between Route 75 to the east and Route 289 to the west, in the north Dallas growth corridor.
Walton has been researching and participating in North American real estate markets for thirty years. To date, Walton and its affiliates have completed the syndication of 26 land projects in Texas encompassing approximately 8180 acres of land. As with other Walton projects, Walton companies continue to act as manager of the Cottonwood project on behalf of the limited partners and landowners, and maintains a significant ownership interest in the Cottonwood property alongside limited partners and landowners.
"We continue to experience strong investor interest in quality real estate in strategic growth markets," said Rob Leinbach, Chief Operating Officer of Walton International Group (USA), Inc. "Likewise, we are seeing good opportunities for land acquisition in those strategic markets."
So far in 2009, Walton has announced the completed syndication of 12 land-based real estate investment projects, in Georgia, Texas, Arizona and Ontario. This Walton USA Cottonwood, LP closing follows announcements of completed land syndications for the Walton Ottawa Region Limited Partnership, Walton AZ Toltec LP/LLC, Camino Real Phase 1, Phoenix Sawtooth View 1, Walton Bluff Springs Land, LP, Walton AZ Silver Reef LP 3, Walton GA Arcade Meadows LP 1, Roseburgh Phase 1, Walton West Palmilla LP, Arcade Meadows Phase 1, and Oakridge Phase 5.
About Walton: Walton International Group Inc. and the other members of the Walton group of companies constitute one of North America's leading land-based real estate investment groups. Over the past 30 years, Walton firms have acquired more than 50,000 acres of quality land strategically located in the development path of some of North America's leading urban growth areas. Walton companies are innovative leaders in the research, selection, acquisition, syndication, planning, development management and sale of land, having to date syndicated over USD $1.9 billion of land (CAD $2.2 billion) in Alberta, Ontario, Arizona, Texas and Georgia with over 56,000 investors and clients.
For more information, please visit http://www.waltoninternational.com
# # #