AZ-Based Homebuilder Buys 692 Acres in North JAX For $5,650/Ac

Karen Brune Mathis of The JAX Daily Record reports Arizona-based Walton Group International USA has purchased 692 acres for residential development just north of the airport for about $3.91M, or about $5,650/acre.  Walton owns a massive 3,347-acre development in Northeast Polk County where it plans almost 6k units, 381k SF of commercial, a school site and 1,120 acres of preservation land.

About scottrogersjax

30 years' in commercial real estate investment sales, banking, mortgage banking, and valuation. Trained and schooled in Atlanta, and now heading the Investment Sales Team in the Colliers Jacksonville office.

Posted on September 19, 2015, in Development, JAX Daily Record, Residential, Transactions and tagged , , , . Bookmark the permalink. Leave a comment.

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