The Woodlands, Texas (May 19, 2015) The J. Beard Real Estate Company announces it has helped to arrange the acquisition of an 11-acre development tract at the northeast corner of Research Forest Drive and Egypt Lane in Magnolia, Texas, and will represent the future sales and leasing for this project.
The land was purchased by Egypt Land Developments, L.P. for mixed use retail, medical and commercial development.
“This 11-acre site of prime land purchased contains approximately 1,600 feet of street frontage which will eventually be developed into a high quality, Class A development for users who desire use of prime locations near The Woodlands,” said Brent Everson, CCIM, Everson Developments, LLC. “This site is located in a growing area that is secured by extensive public infrastructure improvements as well as nationally recognized tenants and users.”