Stan Kroenke Approved As New Owner Of W.T. Waggoner Ranch

 

Stan Kroenke Approved As New Owner Of W.T. Waggoner Ranch

Announces The Land Report

Waggoner Ranch-Texas-BFMG-Content Marketing-Stan Kroenke has been approved by a Texas court to purchase the 535,000-acre Waggoner Ranch. The historic transaction will be the first-ever sale of the Waggoner Ranch, which was established in 1849, spans six Texascounties, and covers almost 800 square miles. The ranch’s asking price was $725 million; no terms were disclosed. The acquisition will vault Kroenke from the country’s ninth-largest private landowner to the fifth largest in the nation with total ownership of more than 2,000 square miles (1.38 million acres).

“This is an incredible opportunity and an even greater responsibility,” Kroenke said in a press release. “We are honored to assume ownership of the Waggoner — a true Texas and American landmark — and are deeply committed to continuing the proud legacy of W.T. “Tom” Waggoner, his family, and his descendants. Our gratitude to them and to the many parties involved in this process is immense. We will continue to preserve and protect this uniquely American treasure.”

Bernard Uechtritz, international real estate advisor to Briggs Freeman Sotheby’s International Realty in Dallas, and Sam Middleton of Chas. S. Middleton & Son in Lubbock represented the owners in marketing and securing the buyer for the Waggoner. Joel Leadbetterof Hall & Hall in Bozeman and Sam Connolly, General Manager of Kroenke Ranches, represented Stan Kroenke.

The selection of Mr. Kroenke and potential sale bring to a close an unprecedented global marketing effort,” said Bernard Waggoner Ranch-Texas-Counties-BFMG-Content MarketingUechtritz, one of the seller’s representatives. “The sale of the Waggoner was an extraordinarily complex and multi-faceted process, and its successful culmination is a tribute to the many people, teams and layers of teams representing all sides behind the process.”

Working with Stan Kroenke and his team at Kroenke Land and Cattle to help him build such an extraordinary multi-faceted agribusiness operation has been a high point for all of us at Hall & Hall,” said Joel Leadbetter. “Knowing that incredible history of the Waggoner will be shepherded by such a dedicated steward brings all of us tremendous satisfaction.”

About The Land Report
Founded in 2007, The Land Report is an award-winning quarterly magazine focused on America’s greatest resource: the land. Its readership includes landowners, land brokers, investors, outdoor enthusiasts, and anyone who cares for and about the land.

SOURCE The Land Report

More Stories & Fun Things to Do

Travel

Finding Relaxation in the Most Remote Locations of All

It is a fact that the largest travel locations are also beyond popular. Among the downsides of this fact is that when you’re looking for peace, quiet, and basically a chance to do nothing more than spend time with yourself and, perhaps, one other best friend, the most popular places don’t offer that. In other words, it is the most remote (sometimes most beautiful) spots out there that you want to visit. If so, here are just a few that are there for the taking:

Business

Add Value with Summer Home Renovation Projects

There are a whole list of summer activities for you and the kids planned. Most of them, of course, you want to be nothing but fun, such as grilling outside on the patio or swimming in the pool. However, having the backyard pool and patio are two things you really need in place before either of those activities could be enjoyed. And building this area could be a great summer project in order to not only get the house you really want, but add value to the home for a future sale.

Entertainment

Raunchy Adaptation of Classic TV Series Arrives on Home Video

Whenever a classic television series is made into a movie, the buzz always seems to be about whether the screen version will be a creative variation on the theme or merely a campy, cornball, take-the-money-and-run ripoff trading in familiar formulas and shopworn cliches. After all, for every inspired adaptation like Batman (1989), Charlie\’s Angels (2000) and 21 Jump Street (2012) there are just as many bitter disappointments, al a Dragnet (1987), I Spy (2002) and Get Smart (2008).

Health

Making Your Health “Resolute”

It is time for those New Year’s Resolutions to be made

Books

Gil’s Goodwill!

For nearly three decades, writer/author Gil L. Robertson, IV has used the written word to enlighten, empower and uplift. The one-time political organizer initially made his mark in entertainment journalism, penning over 50 national magazine covers and contributing bylines to a wide range of publications that include the Los Angeles Times, the Atlanta Journal-Constitution, USA Today, Billboard, Fortune, Essence and Ebony.