Newland Communities, LP (Newland) announces the sale of 65.2 acres to Frisco Independent School District (Frisco ISD) within its Hollyhock master-planned community for future school district usage.
Frisco ISD approached Newland to purchase the parcel of land for its real estate portfolio to secure locations in high growth areas within the district. The purchased acreage is located at Dakotah Road and Rockhill Parkway in part of the Hollyhock community that has yet to be developed.
About Newland Real Estate Group, LLC
Newland is a diversified real estate company leveraging a national platform and more than 45 years of experience to perform challenging and diverse development, investment, management, and advisory services across a wide range of real estate. The company’s mixed-use development business, Newland Communities, actively owns, operates and develops premier residential master-planned, commercial, retail, and urban mixed-use real estate across the U.S. Headquartered in San Diego, Calif., Newland and its affiliated companies have completed, or have underway, more than 140 diverse real estate developments, more than 20 million square feet of commercial and retail space, and 175,000 residential units in 14 states. For more information, please visit www.newlandcommunities.com.
About North America Sekisui House, LLC (NASH)
NASH was established in 2010 as the U.S. business operations unit and a full subsidiary of SEKISUI HOUSE, LTD., Japan's largest homebuilder and a leading diversified developer since 1960. SEKISUI HOUSE, LTD. has built more than two million houses and expanded its operations to Australia, China, Singapore, and the U.S. NASH establishes joint ventures to build innovative and sustainability conscious master planned communities and urban infill developments across the U.S. NASH is headquartered in Arlington, Virginia. http://nashcommunities.com/. SEKISUI HOUSE is headquartered in Osaka, Japan. http://www.