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Walton GlobaAnnounces the Sale of a 25-Acre Parcel for Multi-family Development within the Alexander Crossing Master Plan located in Fredericksburg, VA

2023/06/07

Strengthening the Fredericksburg’s Thriving Growth Corridor with New Housing Units

 

SCOTTSDALE, Ariz. – Walton Global, a leading asset management and global real estate investment company, is pleased to announce the successful sale of Alexander Run, a prime 25-acre parcel situated within the larger Alexander Crossing Master Plan spanning 683 acres, to a national multi-family developer. This transaction marks a milestone in Walton Global’s plans to promote new housing units in the Alexander Crossing community.

“This is a great addition to the continued growth and progress at our Alexander’s Crossing project,” said Michael Slavotinek, Vice President, Asset Management of Walton Global. “We are pleased that more housing options are being added to the ever-expanding Fredericksburg MSA.”

The new multi-family development that is planned for 363 units is situated within Fredericksburg, VA, Alexander Crossing is thoughtfully positioned to leverage the region’s self-sufficient growth corridor. With its accessibility to major metropolitan areas such as Richmond and Washington, D.C., Fredericksburg continues to attract individuals and businesses seeking a vibrant community that combines convenience and connectivity.

The Alexander Crossing Master Plan is a visionary project that features a carefully curated mix of residential properties, commercial spaces, green areas, and recreational facilities.

Walton Global remains committed to delivering exceptional real estate projects and looks forward to the continued success of the Alexander Crossing Master Plan. As the development progresses, Walton Global will continue to seek opportunities to collaborate with community partners and stakeholders to ensure the sustainable growth and prosperity of the Alexander Crossing community.