Farrelly Searway Group Closes Commercial Land Sale For Residential Development Use

Written by Posted On Thursday, 30 December 2021 10:19

FORT WORTH, TX (Dec. 27, 2021) – Richard Farrelly and Ben Searway of Farrelly Searway Group successfully represented the Seller on a 10.88-acre assemblage located at I-30 and Bryant Irvin Road in Fort Worth. The Farrelly Searway Group is affiliated with Coldwell Banker Realty’s Fort Worth office. The transaction value was undisclosed but constitutes the single largest commercial transaction to date for Coldwell Banker Realty’s Fort Worth office.

Through an effective marketing campaign, Farrelly Searway Group was able to achieve institutional pricing for their client.

“We feel honored to have represented the seller in this historic land assemblage. We look forward to seeing the continuing growth of the Camp Bowie District and the Fort Worth multifamily market,” said Searway.

The site was purchased by a Class A multi-family developer with plans to build 368 apartment units and 36 townhomes on the site.

About Coldwell Banker Realty

Coldwell Banker Realty in Dallas-Fort Worth is a leading residential real estate brokerage company with 10 offices and over 900 affiliated agents serving the communities of Dallas/Fort Worth and beyond. Coldwell Banker Realty is owned by a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), the largest full-service residential real estate services company in the United States. For more information, visit ColdwellBankerHomes.com.

 

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