Walton Global Sells Phases 2 & 3 of 90-Acre Master Plan in Upper Marlboro, Maryland to D.R. Horton
Land sale marks next phase in development of Westphalia Town Center
Walton Global, an Arizona-based real estate investment and land asset management company, has announced the Phase 2 & 3 sale coming out of the nearly 90-acre Westphalia Town Center Master Plan in Upper Marlboro, Maryland. This land was sold to D.R. Horton and represents a crucial advancement in bringing Westphalia Town Center to completion to support Prince George’s County’s rapidly growing economy.
“Westphalia Town Center is a wonderfully constructed community that possesses all the necessary elements to create a neighborhood that is more than just a place to live,” said Paul Bae, Vice President of Portfolio Management for Walton Global. “This sale to D.R. Horton will enrich the neighborhood with quality new homes that provide residents with the perfect mix of convenience, comfort and community.”
Dwayne Hill, Division President for D.R. Horton’s Capital division added, “We are excited to expand this world-class and highly amenitized community. Our focus is on choosing locations that blend accessibility, practicality and a strong sense of community, all of which Westphalia Town Center represents. We anticipate opening for sales this summer offering a mix of single-family detached homes and townhomes.”
The entire 480-acre Westphalia Town Center Master Plan is equipped for commercial, residential and industrial use. It’s designed as a pedestrian-oriented, mixed-use community and upon completion, it will offer family-friendly neighborhoods, community shopping, restaurants, an elementary school, a fire station, office buildings, and a hotel.
The property is conveniently located less than 10 miles southeast of downtown Washington D.C. and five miles from the nearby Branch Metro Station. The land benefits from a central location, offering direct access to Maryland State Route 4 and only 2 miles from the D.C. Beltway (I-495). This provides tenants, residents, and visitors with easy routes to surrounding metropolitan areas such as Montgomery County, Washington D.C., Baltimore and Northern Virginia.
Walton Global continues to explore opportunities to supplement the development of sustainable and flourishing communities that stand the test of time. Its team of experts across multiple real estate sectors creates a wealth of opportunities through land investments and supports regional population growth.
