SAN ANTONIO, TX– Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, announced that Cameron Acquisitions LLC has selected the company to market 654 acres of land for sale on South Padre Island, (bottom left photo) located on the Gulf of Mexico.The property will be jointly marketed by Kit Corbin, (top right photo) an executive vice president in Grubb & Ellis’ San Antonio office, and Mary Phillip of SPI Coastal Properties, which is located on South Padre Island.
Located approximately seven miles from the Queen Isabella Causeway, the land offers more than 1.5 miles of beach frontage along the Gulf of Mexico, as well as 1.4 miles of frontage on Laguna Madre Bay. It is within two miles of the South Padre Island Convention Center.
“We believe that the site will be attractive to mixed-use developers and owners who are interested in creating a beach resort near the popular South Padre Island resort community,” Corbin said.
“With excellent frontage on a beach with water that’s crystal clear, the land is in an excellent location for a hotel, retail, condo or residential development.”
Contact: Julia McCartney, 714.975.2230, julia.mccartney@grubb-ellis.com
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