Landmarks, Landowners, News Desk, Ranchland
Sold! The Waggoner Ranch
Land Report 100er Stan Kroenke acquires Texas’s biggest ranch under one fence.
Stan Kroenke has been approved by a Texas court to purchase the 510,527-acre Waggoner Ranch. The historic transaction will be the first-ever sale of the Waggoner Ranch, which was established in 1849, spans six Texas counties, 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.”
Joel Leadbetter of Hall and Hall in Bozeman and Sam Connolly, General Manager of Kroenke Ranches, represented Stan Kroenke. Sam Middleton of Chas. S. Middleton & Son in Lubbock and Bernard Uechtritz of Briggs Freeman Sotheby’s International Realty in Dallas represented the owners.
2020 Farmland Deal of the Year
By Christina Holbrook | Photography courtesy of Ferrari-Carano Here’s to the 2020 acquisition of Ferrari-Carano Vineyards …
2016 Land Report 100: Reed Family
No. 5 Reed Family 1,370,000 acres One of the oldest continuously operating forest products companies …
The Land Report Summer 2018
More than 100 brokerages coast to coast are featured in the ninth edition of our …
Alta Luna Ranch
Alta Luna Ranch is encompassed in the beauty of the ancient Mora Valley, near the …