Sold! Boone Pickens Mesa Vista Ranch

Sold! Boone Pickens Mesa Vista Ranch

TBP on MVR

TBP on MVR

TBP on MVR

Published On: December 1, 20220.8 min read
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Boone Pickens’ 64,672-acre Mesa Vista Ranch in the Texas Panhandle has sold. The western, more improved portion of the ranch, which includes 36,982 acres, was acquired in a transaction that closed on November 30 by an investment partnership that included Bill Kent, an energy executive based in Midland, Texas. A 27,690-acre tract on the east side of the ranch was purchased on September 16 by Travis Chester, a rancher based in the Texas Panhandle. According to Jay Rosser at BP Capital, the total of the two transactions was within 10 percent of the $170 million final asking price. The Mesa Vista was originally listed for $250 million on November 29, 2017. The asking price was reduced to $220 million following Pickens’ death at 91 on September 11, 2019. The price was further reduced by $50 million to $170 million on February 3, 2022. Monte Lyons at Hall and Hall and Sam Middleton at Chas. S. Middleton & Son shared the Mesa Vista Ranch listing throughout the five-year marketing effort. Read more HERE.

 

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