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254 ACRES OF LAND IN WACO, TEXAS SOLD

FOR IMMEDIATE RELEASE

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Waco, Texas (May 23, 2022) – Coldwell Banker Commercial is pleased to have represented both the buyer and the seller in the sale of 254.62 acres of land located at Interstate 35 and S. New Rd. in Waco, Texas. The property listed for $30 million. The sale price was undisclosed.  

H, Bland Cromwell, CCIM, SIOR, a commercial real estate professional affiliated with Coldwell Banker Commercial Jim Stewart, Realtors represented both the buyer and seller in the transaction. Cromwell has been in the commercial real estate business for 46 years and has sold a total of over $2 billion in commercial real estate transactions.

“My longtime familiarity with this tract of land, stemming back from my relationship with the original landowner and subsequently interested buyers and developers, helped secure a beneficial outcome for both the buyer and the seller. The buyer intends to develop a mixed-use property on the site,” said Cromwell.  

About Coldwell Banker Commercial Affiliates

Coldwell Banker Commercial Jim Stewart, Realtors, the local affiliate of Coldwell Banker Commercial®, provides commercial real estate solutions serving the needs of owners and occupiers in the leasing, acquisition and disposition of all property types.  With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial organization comprises almost 200 companies and more than 3,000 professionals throughout the U.S. and internationally. For additional information, visit www.cbcworldwide.com.  

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