Centex bought 68 acres from Fosgate in October 1998 for $1 million or about $15,030 per acre ($34 cents psf). The remaining parcels of the Skytop property consist of multifamily, office, retail and commercial. Maury L. Carter & Associates negotiated for the seller. Titan Properties Inc. represented the buyer.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.