Historic ranch to become major mixed-use development

​FORT WORTH – PMB Capital has purchased the 3,800-acre Veale Ranch for a mixed-use master-planned development.

The property at 12501​ Aledo Rd. had been a cattle ranch owned by the same family since 1935.

Rex Real Estate brokered the sale with PMB Capital Partners representing the buyer.

The Texas Real Estate Research Center has more information like this online:

• Dallas-area mixed-use news
• ​Texas Quarterly Commercial Report​