Jackson Walker represented The George Foundation in the sale of 1,500 acres in Fort Bend County to Houston development company The Johnson Development Corp.

The sale marks the first time in the Foundation’s history that it has sold a portion of the 21,000-acre historic George Ranch, which dates back to 1824. The George Ranch and its year-round “living history” programs and educational opportunities will not be impacted by the land sale.

Since its creation in 1945, The George Foundation has provided more than $300 million in charitable grants to support a variety of causes in Fort Bend County.

“Our team was proud to play a part in this historic transaction that will help support The George Foundation and its charitable mission for years to come,” said Houston partner David W. Parker, who led the Jackson Walker team along with Houston attorney Taylor A. Lamb.

“Our team was proud to play a part in this historic transaction that will help support The George Foundation and its charitable mission for years to come.”

To learn more, read the Houston Chronicle article “George Ranch Foundation sells 1,500 acres of land to a developer.” Please note that a subscription may be required to view the full article.

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Since 1887, Jackson Walker has represented some of the most influential companies and business leaders in the world. With more than 500 attorneys, we are the largest firm in Texas and have been recognized by Law360 as a “Texas Powerhouse” and an “elite law firm” that regularly provides counsel to industry-leading clients on highly complex transactions ranging from millions to billions. To explore the Firm’s experience assisting clients with leasing, developing, buying, selling, and operating properties, visit the Real Estate practice page.