A multinational real estate investment and development firm headquartered in Calgary, Canada, has purchased 1,000 acres near Tampa Bay, Fla., for $18 million.
Walton International Group, which has its U.S. headquarters in Scottsdale, bought from the Robert G. Graham Family LP and David J. Tozlosky Family LP.
Ken Wenhold, senior vice president of land acquisitions for Walton, said the company will develop a “highly amenitized upscale community” with the first signs of development coming in two to three years.
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