Taylor Morrison Home Company (NYSE: TMHC), in partnership with Christopher Todd Communities, closed on a +/- 20 acre tract of land in the City of Melissa.
Ryan Turner, Collins Meier, David Davidson, Jr., and Edward Bogel of Davidson Bogel Real Estate, LLC brokered the transaction. Representing one of the key intersections in Melissa, the site is planned for a mixed-use development of residential and commercial. Melissa Road is currently being extended and expanded giving residents in the 2,000-acre master-planned community, Trinity Falls, direct access to N. Central Expressway.
The Seller partnership worked cohesively with Sunny Patel, Taylor Morrison’s Build-to-Rent, Director of Land Acquisition, to get the project approved. The parties worked with the City of Melissa to design a plan that will provide high-quality housing for residents including a private amenity center and event space, but also ensure that there will be a retail component to the project. The project, which was unanimously approved by Melissa, included the Seller’s retaining +/- 3 acres on the hard corner of the intersection for further commercial and retail options that will serve as amenities to nearby residents and is being marketed by Davidson Bogel Real Estate.
About DB2RE
Davidson Bogel Real Estate (DB2RE) is a boutique land investment advisory group and brokerage firm headquartered in the Dallas-Fort Worth Metroplex. Founded by David Davidson, Jr. and Edward Bogel in 2015, the base principal of the company is exceptional client service with investment and development of land throughout Texas and Oklahoma as the focus. DB2RE concentrates on land acquisitions, dispositions, and investment sales for families, trusts, and developers of retail, multi-family, industrial/mixed-use, and single-family communities.
For more information, visit db2re.com.
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Contacts
Shawn Burns
sburns@db2re.com
