HOUSTON, TX – HFF announced today that it has closed the sale of Woodridge Forest (top left aerial photo) a 296-acre site planned for a single-family development in the Kingwood area of Houston, Texas.
HFF marketed the site on behalf of the seller, Wells Fargo Bank. WR Forest, LLC purchased the property for an undisclosed amount.
Woodridge Forest is located less than 1.5 miles east of US Highway 59 on Northpark Drive, adjacent to the Kingwood master planned community and close to Bush Intercontinental Airport in northeast Houston. The property is planned for 800 single-family lots to be built in three phases.
The HFF investment sales team representing the seller was led by managing director Davis Adams.
Contact:
Davis Adams, HFF Managing Director, (713) 852-3500, dadams@hfflp.com
Kristen Murphy, HFF Associate Director, Marketing, (713) 852-3500
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