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FORT WORTH — Hillwood Communities has purchased 52 acres of commercial and residential land at the northeast corner of FM 1709 and Beach Street. Hillwood is planning to begin construction later this year to improve Beach Street and to add a four-lane road to connect Keller Hicks Road and FM1709. Ken Reimer and David Davidson, Jr., of Venture Commercial Real Estate's Dallas office represented both Hillwood and the seller, Realty Capital Golden Beach, in the transaction. Venture will continue to handle leasing for a future retail development on the parcel.