KATY, TX—In an area that is quickly becoming devoid of large development acreage, one of the few mega-tracts has been scooped up by Xu Qing LLC. The partially entitled raw land is most suitable for a future master-planned residential development.
The 1,568-acre tract is 28 miles west of Houston and 4 miles west of the Grand Parkway with frontage on FM 529, Longenbaugh Road, Sharp Road and Katy Hockley Road. It is southwest of the Bridgeland community and adjacent to the Elyson master planned subdivision.
McAlister Real Estate, a privately owned real estate brokerage firm headquartered in Houston, represented and closed the sale on behalf of the seller, NW Katy I, II, III and IV.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
