Hall Equities Group

NEWS

680-Acre “Black Hills” Project in Shelton, WA, Acquired

Hall Equities Group is pleased to announce that a company sponsored investment entity has acquired the “Black Hills” project in Shelton, Washington, consisting of 680 acres, including 600 acres located within the city limits of Shelton. The property enjoys one mile of frontage along Highway 101 and is accessed on the south from the “C” Street overpass on 101, and on the north at the Wallace-Kneeland interchange on 101. The project consists of one of the single largest contiguous urban-zoned parcels located within municipal city limits in the Puget Sound region. The City of Shelton is located 18 minutes north of the Lacey-Olympia-Tumwater metropolitan area, and 25 minutes from the Washington State Capital complex in downtown Olympia, via 4 lane Highway 101.

Hall Equities Group purchased the property from the Confederated Tribes of the Grand Ronde Community of Oregon, a federally recognized Indian tribe. The tribe recently foreclosed on the property pursuant to a default judgment for a note and deed of trust it held with a previous developer.

The Black Hills project is the fourth significant acquisition Hall Equities Group has made in the Puget Sound Region. The property has been acquired for investment purposes.

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