Avison Young has been retained by Starwood Land, an affiliate of Starwood Capital Group, as the exclusive broker for the disposition of select land development parcels totaling 266 acres within two master-planned communities (MPCs) in the Dallas and Austin submarkets.Â
The assignment includes the sale of multifamily, build-to-rent (BTR), and commercial tracts. The first is a 1,263-acre development in Waxahachie, south of Dallas, in the MPC of Myrtle Creek (photo), which is about 30 miles south of Dallas and 40 miles east of Fort Worth. The second is a 1,400-acre development in Del Valle, east of Austin in the MPC of Revelry, formerly known as Mirador.
Starwood Land acquired both projects from Hines in early 2025 as part of the $800 million portfolio acquisition.
Avison Young’s Mike B. Kennedy and Sullivan Johnston represent the property ownership in the parcel sales. This initiative is part of Avison Young’s newly formed Land Advisory platform, focused on institutional land strategy and disposition services for premier development opportunities across the U.S.
The post Avison Young to Market Large CRE Parcels in Austin, Dallas appeared first on Connect CRE.
​Â