DALLAS–(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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