Walton Global Sells 90-Acre Portion of Master Plan Designated for Residential Development
Walton Global, an Arizona-based real estate investment and land asset management company and sponsor of private placement investments, announced the Phase 2 and Phase 3 sale coming out of the nearly 90-acre Westphalia Town Center Master Plan in Upper Marlboro, Md. This land was sold to D.R. Horton and according to Walton Global, represents a crucial advancement in bringing Westphalia Town Center to completion to support Prince George’s County’s growing economy.
“Westphalia Town Center is a wonderfully constructed community that possesses all the necessary elements to create a neighborhood that is more than just a place to live,” said Paul Bae, vice president of portfolio management for Walton Global. “This sale to D.R. Horton will enrich the neighborhood with quality new homes that provide residents with the perfect mix of convenience, comfort and community.”
Dwayne Hill, division president for D.R. Horton’s Capital division added: “We are excited to expand this world-class and highly amenitized community. Our focus is on choosing locations that blend accessibility, practicality and a strong sense of community, all of which Westphalia Town Center represents. We anticipate opening for sales this summer offering a mix of single-family detached homes and townhomes.”
The 480-acre Westphalia Town Center Master Plan is equipped for commercial, residential, and industrial use. It’s designed as a pedestrian-oriented, mixed-use community and upon completion, it will offer family-friendly neighborhoods, community shopping, restaurants, an elementary school, a fire station, office buildings, and a hotel.
The property is located less than 10 miles southeast of downtown Washington D.C., and five miles from the nearby Branch Metro Station. The land benefits from a central location, offering direct access to Maryland State Route 4 and only two miles from the D.C. Beltway (Interstate 495). This provides tenants, residents, and visitors with easy routes to surrounding metropolitan areas such as Montgomery County, Baltimore, and Northern Virginia.
Walton Global said it is continuing to explore opportunities to supplement the development of sustainable and flourishing communities. Its team across multiple real estate sectors cultivates opportunities through land investments and supports regional population growth.
In December 2024, Walton Global closed on a trio of land sales in Austin, San Antonio and Dallas-Fort Worth, respectively. The transactions represented more than 930 acres of residential development across Texas. Earlier this month, Walton launched North Carolina Growth 2 DST, a Delaware statutory trust focused on land-based investments in Greenville, N.C. Known as Allen Tract, the Pitt County offering includes 215 acres intended for residential development. The offering seeks to raise approximately $2.77 million from accredited investors.
Walton Global works with homebuilders to identify plots of land across the country to support the continually rising demand. Globally, a total of $2.5 billion has been distributed to investors located in 87 countries.
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