Newcor Represents Buyer in Major Land Acquisition in Montgomery, Texas
Newcor Facilitates Significant Purchase of 411 Acres Near Lake Conroe
Montgomery, Texas - July 17, 2024 - Newcor is pleased to announce that we have represented the buyer, J. Alan Kent Development, in the acquisition of 411 acres of prime land located on FM-1097 in Montgomery, Texas. The land is in close proximity to the scenic Lake Conroe and directly across from the prestigious master-planned community of Bentwater. The seller, Foster Timber, was represented by Charles Blaschke and Logan Havel of Edge Realty.
“We are very excited to have procured this beautiful and pristine property. Previously owned by a timber company for many years, we feel it is perfectly suited to compliment the well established residential gated and golf course community of Bentwater,” said J. Alan Kent. “With rolling topo amidst the wooded landscape, this property backs up to the National Forest, and our plan is to develop a single family residential community boasting some of the best home Builders in this part of the country”.
J. Alan Kent Development aims to continue its tradition of quality development, as demonstrated in other exclusive communities such as Augusta Pines, Shadow Creek Estates and Villas , Lakes at Shadow Creek, Lakes at Creekside, and Magnolia Escondido, all located in the Harris and Montgomery County markets. This new project will uphold the high standards synonymous with J. Alan Kent’s developments and the exclusive community of Bentwater.
The newly acquired land is set to be developed into a thriving residential neighborhood featuring between 1,000 to 1,200 residential lots, catering to the increasing demand for quality housing in the area.
J. Alan Kent’s visionary development will significantly contribute to the community’s growth, offering future residents access to the award-winning Montgomery Independent School District (ISD). This esteemed school district is recognized for its excellence in education, making it a substantial draw for families wishing to reside or remain within the district’s boundaries.
Our dedicated land team, comprised of David Alexander and Josh Cheatham, played a pivotal role in facilitating this landmark deal. This transaction marks a notable achievement for all parties involved and underscores Newcor’s commitment to facilitating high-impact real estate transactions that contribute to community growth and development.
This acquisition highlights our firm’s capability to navigate complex transactions and deliver exceptional value to our clients. We look forward to seeing J. Alan Kent’s development come to fruition and its positive impact on the Montgomery community.
For further details about this acquisition or to learn more about Newcor and its services, please contact:
David Alexander |
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