FORT WORTH, PLANO AND HILLSBORO, TEXAS — John T. Evans Co. has arranged three land sales in Texas for the development of retail properties.
In the first deal, SCSD-Finnell Ltd. acquired a 1.1-acre land parcel at the southwest corner of Heritage Trace Parkway and North Beach Street in Fort Worth. Hillwood Alliance Residential sold the property for an undisclosed price. The buyer plans to construct a retail center on the property. Jim Jamerson of John T. Evans Co. represented the buyer, while Edward Bogel and David Davidson of Davidson Bogel Real Estate represented Hillwood Alliance Residential.
In the second land sale, SCSD-Finnell purchased 0.9 acres of land at 1224 N. Central Expressway in Plano for the development of a Schlotzsky’s Deli. Jamerson represented the buyer in the deal. The name of the seller and acquisition price were not released.
In the third transaction, Tang Lu acquired 27,677 square feet of land with an existing building at 1400 Interstate 35 S.W. in Hillsboro. The buyer plans to redevelop the building into a fast food restaurant. Zach Berman of John T. Evans Co. represented the undisclosed seller in the deal. The acquisition price was not released.