Texas General Land Office Buys 353,785-Acre Brewster Ranch in Landmark Transaction [Yahoo! Finance]
Texas Pacific Land Corporation (TPL)
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Source: Yahoo! Finance
The Texas General Land Office (GLO) has acquired the 353,785-acre Brewster Ranch from Texas Mountain Holdings, owned by Brad Kelley . The sale closed on October 24 . The ranch had been listed for . No financial details were released. "As Texas Land Commissioner and the steward of more than 13 million acres of state land, I am proud to have acquired this beautiful property for the State of Texas ," said Commissioner Dawn Buckingham , MD. "By securing this large swath of land along our southern border, the GLO is not only blocking foreign adversaries from purchasing this land but also ensuring this mineral-rich property will be generating revenue for the school children of Texas James King and Harrison King of King Land & Water in Fort Davis represented Texas Mountain Holdings. Eric DeJernett of CBRE Group in Austin , and Sam Middleton of Chas. S. Middleton and Son in Lubbock represented the Texas General Land Office. "The Brewster Ranch acquisition by the Texas General Land Offic
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