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Texas  |  September 28, 2020
Paul Bubny
By: Paul Bubny

Land Advisors Brokers 873-Acre Sale Near Magnolia

Land Advisors Organization’s Houston team arranged the sale of 873 acres in Texas’ Montgomery County to Magnolia JV for residential development. The project will consist of a mix of more than 1,000 single-family home lots and premium estate lots.

Kirk Laguarta and Duane Heckmann of Land Advisors represented the seller. Construction is expected to begin in mid- to late 2021.

“With its location on FM 149, its proximity to the SH 249 Highway, the City of Magnolia, and being located in Magnolia ISD, this property is in an ideal location for new residential development,” said Heckmann. “The SH 249 extension will greatly increase mobility to the property and will considerably shorten drive times for large numbers of homebuyers moving away from urban areas to more suburban communities.”

The SH 249 extension is approximately 24 miles of new roadway from FM 1774 in Pinehurst to SH 105 near Navasota. 

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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