Walton, a real estate investment and land asset company with US$3.8 billion under management and administration across North America, has sold 170 acres of land in Simcoe County, Ontario, near the communities of Alliston and Tottenham. After the sale of this land, Walton continues to be a significant landowner in Simcoe County with approximately 3,200 acres still under management.<\/p>\r\n\r\n\r\n\r\n
The first sale was made to a privately-owned real estate development company for 120 acres of undeveloped land adjacent to the Briar Hill housing development in Alliston. The purchaser plans to develop the property in the future for single-family homes.\u00a0<\/p>\r\n\r\n\r\n\r\n
The second sale was for approximately\u00a049 acres just outside Tottenham. This property is near the protected Ontario Greenbelt and the Tottenham Conservation Area featuring a large parkland with picturesque pond, sandy beach, pavilion, playgrounds and golf course.\u00a0<\/p>\r\n\r\n\r\n\r\n
\u201cSimcoe County is rapidly developing due to its proximity to Toronto,\u201d confirmed\u00a0Rob McDonough of Re\/Max Hallmark McDonough Group Realty. \u201cTravel time to downtown Toronto is less than an hour on Highway 400 and the recent expansion of the Toronto Subway has increased the commuter radius. Employment in the Simcoe area is strong with the recent addition of a neighboring Amazon super warehouse. These factors continue to confirm Simcoe County as a desirable land acquisition opportunity.\u201d<\/p>\r\n\r\n\r\n\r\n
\u201cWe are excited about this property sale in robust Simcoe County, an area which is expected to continue to experience significant population and employment growth over the next 20 years,\u201d said\u00a0Rob Nixon, Walton\u2019s Canadian Asset Manager.\u00a0He added, \u201cWith Honda, the single\u00a0largest employer in Alliston, and the Tottenham Conservation Area nearby, this area known as the \u2018Greater Golden Horseshoe\u2019 will attract buyers looking for a greater sense of community.\u201d<\/p>\r\n\r\n\r\n\r\n
Walton\u2019s 104,000-acre portfolio located in the United States and Canada, provides a scalable land acquisition platform to support homebuilders with just-in-time inventory management. Walton\u2019s approach is an innovative response to secular shifts in the land development industry, which is increasingly challenged to finance acquisition with debt.\u00a0<\/p>\r\n\r\n\r\n\r\n
For more than 40 years, Walton has researched, planned, and structured pre-development land investments located in the major growth corridors throughout the United States and Canada. The evolution of Walton has opened the door to creating additional opportunities for investors and homebuilders alike.<\/p>\r\n","protected":false},"excerpt":{"rendered":"
Walton, a real estate investment and land asset company with US$3.8 billion under management and administration across North America, has sold 170 acres of land in Simcoe County, Ontario, near the communities of Alliston and Tottenham. After the sale of this land, Walton continues to be a significant landowner in Simcoe County with approximately 3,200 acres still under management.<\/p>\n
Press Release<\/p>\n","protected":false},"author":1,"featured_media":1380,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[19,17],"tags":[],"class_list":["post-1332","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-release","category-newsroom"],"acf":[],"_links":{"self":[{"href":"https:\/\/walton.com\/de\/wp-json\/wp\/v2\/posts\/1332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/walton.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/walton.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/walton.com\/de\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/walton.com\/de\/wp-json\/wp\/v2\/comments?post=1332"}],"version-history":[{"count":0,"href":"https:\/\/walton.com\/de\/wp-json\/wp\/v2\/posts\/1332\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/walton.com\/de\/wp-json\/wp\/v2\/media\/1380"}],"wp:attachment":[{"href":"https:\/\/walton.com\/de\/wp-json\/wp\/v2\/media?parent=1332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/walton.com\/de\/wp-json\/wp\/v2\/categories?post=1332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/walton.com\/de\/wp-json\/wp\/v2\/tags?post=1332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}