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Walton Completes Land Syndication for Walton Europe Landentwicklung Niagara 1 GmbH & Co. KG

2010-05-07 16:03
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CALGARY, Alberta--(BUSINESS WIRE)--Walton International Group Inc. announced today the successful completion of unit placements in the Walton Europe Landentwicklung Niagara 1 GmbH & Co.

Walton Europe Niagara 1 GmbH & Co. is strategically located in Ontario’s Niagara Region, approximately 8 km south of Niagara Falls.

The Niagara region is a premier travel destination, with a diverse economic base, including tourism, manufacturing, logistics and agriculture. It is a principal gateway to the North American market, within an hour’s drive of Toronto, Guelph, Hamilton, Mississauga, Brampton, Oakville, Buffalo NY and Rochester NY. The property is situated approximately 3 km from the Queen Elizabeth Way (QEW), a major artery extending from the Niagara Falls Region to the cities of Hamilton, St. Catherines and Toronto, Ontario. The property is also located in close proximity to Niagara’s four international US/Canada border crossings which together comprise the busiest trade route in North America.

Walton has been researching and participating in North American real estate markets for thirty years, and identifying strategic land in Ontario for over 8 years. To date, Walton and its affiliates have completed the syndication of 90 land projects in Ontario encompassing a total of approximately 11,800 acres of land. As with other Walton projects, Walton companies continue to act as manager of the Walton Europe Landentwicklung Niagara 1 project on behalf of the limited partners and landowners, and maintains a significant ownership interest in the Ontario property alongside limited partners and landowners.

Over the past year, Walton has announced the completed syndication of 16 land-based real estate investment projects in Georgia, Texas, Arizona and Ontario. This Walton Europe Niagara 1 GmbH & Co. closing follows announcements of completed land and development syndications for Walton Ottawa Region Limited Partnership, Walton AZ Toltec LP/LLC, Camino Real Phase 1, Sawtooth View 1, Walton Bluff Springs Land LP, Walton AZ Silver Reef LP 3, Walton GA Arcade Meadows LP 1, Roseburgh Phase 1, Walton West Palmilla LP, Arcade Meadows Phase 1, Oakridge Phase 5, Walton USA Cottonwood LP, Walton Europe Landentwicklung Ottawa 3 GmbH & Co. KG, Walton AZ Silver Reef Limited Partnership 2, and McConachie Development Limited Partnership.

About Walton: Walton International Group Inc. and the other members of the Walton group of companies constitute one of North America's leading land-based real estate investment groups. Over the past 30 years, Walton firms have acquired more than 54,276 acres of quality land strategically located in the development path of some of North America's leading urban growth areas. Walton companies are innovative leaders in the research, selection, acquisition, syndication, planning, development management and sale of land, having to date syndicated over USD $2.2 billion of land (CAD $2.5 billion) in Alberta, Ontario, Arizona, Texas and Georgia with over 63,680 investors and clients.

For more information, please visit www.waltoninternational.com

Contacts

Walton International Group Inc.
Media
Rita Mezzanotte:
Office: 1-647-826-1356
Cell: 1-647-308-5549
Email: rmezzanotte@waltonglobal.com