A 15-year-old student aboard the bus sustained minor injuries and was taken to the hospital for treatment.
The buyer, Investment Catalysts LLC, said it plans to hold onto the 75.9 acres of land in Denison until the"market matures."An aerial view of the land bought by Investment Catalysts, west of FM 1417 in Denison. Credit: Younger Partners7:35 AM CDT April 13, 2024A Southlake-based land investor earlier this year secured dozens of acres in a fast-growing part of Grayson County, as global companies pour billions of dollars into chipmaking plants nearby.
Investment Catalysts closed on the land in February but the deal was just announced April 10. The commercial real estate group invests primarily in Dallas-Fort Worth and has a diverse portfolio, including multifamily developments, mixed-use developments and master-planned communities. Terrin Bertholf represented the investment company and Younger Partners represented the seller, which was the estate of Douglas Lee Shankles.
Developments taking shape along Lake Texoma, including David Craig’s $6 billion Preston Harbor project,. Preston Harbor alone could bring 20,000 residents and 15,000 jobs to the region.
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