274± acres in Newberry purchased by land development company from Texas

Press release from Colliers International

GAINESVILLE, Fla. – Colliers International’s GNV Commercial Advisory Team has successfully facilitated the sale of 274± acres of prime land in Newberry, located at 21236 W. Newberry Road. The sale was executed on behalf of Glaeser Tract Investment, LLC, marking a significant transaction in the region’s real estate market. The Buyer, HCNB SAPP, LLC, hailing from Southlake, Texas, entrusted Land & Homes Real Estate Brokers in the transaction.

HCNB SAPP, LLC, a land acquisition and development company, has expanded its footprint into the Florida market with this strategic acquisition. While specific development plans for the tract remain undisclosed, the transaction underscores the enduring appeal of Florida’s real estate landscape to investors nationwide.

Rory Causseaux, Lead Agent at Colliers, commented on the successful transaction, stating: “This sale marks a pivotal moment in the evolution of Newberry’s real estate market. The significant interest from a respected land development company like HCNB SAPP, LLC, underscores the intrinsic value of this parcel and the potential it holds for future development initiatives.”

With the transaction finalized on April 23, 2024, stakeholders eagerly anticipate the future developments that will unfold on this expansive tract of land. As Newberry continues to grow and evolve, investments of this magnitude serve as catalysts for further economic expansion and community development.

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