CALGARY - March 24, 2009: Walton International Group Inc. announced today the successful completion of unit placements in Walton AZ Toltec Limited Partnership and Walton Toltec, LLC.
The latest in Walton's series of land-based real estate investment offerings, Walton Toltec attained a final closing on February 27, 2009, and involves USD $29,364,500 invested directly or indirectly by 535 investors in the Canadian LP or American LLC offering.
Walton has been researching North American real estate markets for thirty years, and investing in strategic land in Arizona for almost a decade. Arizona has been and is expected to continue being one of America's strongest economic regions, supported by long-term fundamentals in employment, population, economics, and housing affordability.
Walton's Toltec land is strategically located on the I-10 highway in the Phoenix-Tucson corridor. It is currently zoned for commercial and light industrial uses and has major rail service potential.