Texas Republic Management Expands Holding Along Golden Corridor
June 27 2024 - 9:58AM
Business Wire
Texas Republic Management (TRM) is expanding its investments in
North Dallas by adding additional key acquisitions. TRM recently
closed on approximately 150 acres adjacent to Centurion American’s
new “Cottonwood” development in Howe near the new TI and GlobiTech
Chip Plants and another 224 acres along the Golden Corridor. They
are scheduled to close on more properties in the area over the
coming months.
TRM, founded by Dallas oilman Ben Weber, Jr., has been actively
investing along the Golden Corridor in Collin, Grayson and Denton
County since 2016. The company offers investment opportunities
through partnerships in undeveloped real estate.
“We have witnessed the incredible growth and development
associated with this area firsthand since we first started
investing in raw land in 2016,” said Weber.
“TRM has worked closely with the team at REX Real Estate after
having met Rex Glendenning back in 2016, prior to the pandemic. Rex
was instrumental in helping us focus on what he calls “the Golden
Corridor,” which is the stretch of land that follows both the
Dallas North Tollway and Preston Road,” says Weber. “This is where
we are seeing many corporate relocations and high-end master
planned developments.
“It is reassuring to see Celina being ranked the number one city
in the nation in terms of growth. That reinforces our belief in
this area,” says Weber.
“The sites that TRM has closed and is in the process of closing
are all being greatly enhanced by sewer, water and other utilities
being brought to the tracts as a part of overall master-planned
development,” says Rex Glendenning. “I met Ben back in 2016 and his
past success in the oil and gas business made it a lot easier for
him to enter the dirt business, as they are very similar.”
About Texas Republic Management
Texas Republic Management’s objective was founded by Ben R.
Weber, Jr. He has been involved in oil and gas exploration and
investment through Weber Energy Corporation, contributing to the
drilling of over 300 wells as an operator, and 2,000 more with
partners. He founded TRM to purchase strategic properties
throughout the North Texas “Golden Corridor” through partnerships
by purchasing undeveloped land and preparing it for resale. This
does not constitute an offer to sell, or solicitation of any offer
to buy securities. Purchases shall only be made pursuant to Private
Placement Memoranda describing any investment opportunity.
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