Oil giant Exxon Mobil has sold nearly 200 acres of vacant land on San Antonio's...
has sold nearly 200 acres of vacant land on San Antonio's southwest side to a Houston-based real estate firm.NFP is managed by John Leggett, co-founder of real estate firmand founder of custom homebuilder On Point Custom Homes of Houston, according to county records.
NewFound Partners' portfolio includes hospitality, industrial, retail, office, multifamily and mixed-use developments as well as solar and battery power storage projects, according to. Among its projects in Houston, the company has invested in the Pillars at HBU at Route 59 and Fondren. In San Antonio, the company lists The Westin Riverwalk hotel among its investments.
The 194-acre property it acquired from Exxon has at various times been used for petroleum refining and manufacturing, records show. There are restrictions on a portion of the land prohibiting residential development, groundwater use and agricultural use aside from cattle crazing and butterfly and beekeeping.
It’s unclear what Cottonwood paid for the land, though the company borrowed $487,500 for the acquisition. The Bexar Appraisal District values it at $3 million and its assessed value was reduced because a portion of it is used for agriculture.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Exxon sells nearly 200 acres near Southwest Side parkA Houston firm purchased the vacant land near Pearsall Park from oil company Exxon Mobil Corp. It has other holdings in San Antonio.
Consulte Mais informação »
'I knew San Antonio had real Mexican food': Viral TikTok features new restaurant San TacoSan Taco, a new Mexican joint at 114 Fredericksburg Road, was recently featured in a viral TikTok.
Consulte Mais informação »
What’s open, closed on Easter Sunday in the San Antonio areaRunning out of Easter Candy or just tired of cooking? If you’re looking to hop around town on Easter, there are some restaurants and retailers that will be open.
Consulte Mais informação »
These vintage photos show what it was like at HemisFair '68 in San AntonioFrom the monorail to the skyride to the many colorful pavilions, these photos show off San Antonio's historic World's Fair, which just had its 55th anniversary. SanAntonio SATX SanAntonioTX HemisFair WorldsFair Texas TexasHistory
Consulte Mais informação »
Here's where to celebrate National Ranch Water Day on April 11 in San AntonioLandrace at the Thompson Hotel and Dog & Pony Grill are just two San Antonio spots celebrating the Texas-born cocktail. SanAntonio SATX SanAntonioTX SanAntonioFood SanAntonioRestaurants RanchWater NationalRanchWaterDay
Consulte Mais informação »
H-E-B Easter hours, plus other San Antonio stores that are opened and closedIn need of a last minute item for Easter dinner? Here's a look at what's open and closed around town.
Consulte Mais informação »