Dallas Firm Pays $7.8 Million for Vacant Property

Ford Development Corp., 14755 Preston Road, Ste. 830, a Dallas-based residential real estate developer, has purchased 550 acres in south Tulsa County.
The property, acquired in two purchases, cost the company a combined $7.8 million. Ford purchased 320 acres at 161st Street and Lewis Ave. from Breeze Farms LLC for $4.9 million and 230 acres at 161st Street and US 75 from Trojan Land LLC for $2.9 million.
According to Ford Development President Rex Robertson, the land will eventually be subdivided and sold as home sites, although he declined to specifiy a timeline.
According to CB Richard Ellis/Oklahoma, the Breeze Farms purchase was brokered by Bill Mizener, Dwayne Flynn and Shawna Hale.

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