Lane Kommer Represents Seller of 5.83 Acres in West Dallas: Dallas-based Larkspur Capital Plans Future Rental Housing Community
(Dallas, TX) – Lane Kommer, Senior Vice President in the Investments and Land Division at Henry S. Miller Brokerage, represented Worth Trinity, LLC, Worth LW LLC and a local family that together sold 5.83 acres to Dallas-based Larkspur Capital. Jake Milner and Scott Lake of Davidson & Bogel Real Estate sold an additional parcel making up most of the remaining acreage for a total of 8.6 acres being developed. Kommer said, “The assemblage began with a 4.4 acre parcel that grew as the need for more land increased to allow for a project focused on larger units and less density.”
The property is located on Fort Worth Avenue in West Dallas across from the Belmont Hotel. According to Larkspur Capital’s Carl Anderson, 146 units with their own yards and garages are planned. The rental community will feature green space with walking trails, dog runs and pocket parks, as well as a clubhouse and pool.
About Lane Kommer
Lane Kommer, Senior Vice President in the Land and Investments Division at Henry S. Miller in Dallas, works with developers, institutions and high net worth clients on the purchase and sale of all real estate classes. He focuses on high-density redevelopment opportunities, multifamily and land transactions. Lane is a Henry S. Miller Top Producer, a member of the Chairman’s Council, a D Magazine CEO Power Broker and a Dallas Business Journal Top Broker.