The Magazine of the American Landowner is an essential guide for investors, landowners, and those interested in buying or selling land. The award-winning quarterly is known for its annual survey of America's largest landowners, The Land Report 100.
Issue link: http://landreport.epubxp.com/i/656422
T E X A S 2 0 1 6 | The LandReport 95 LANDREPORT.COM "This is an incredible opportunity and an even greater responsibility," Stan Kroenke said in the press release that announced the sale. "We are honored to assume ownership of the Waggoner — a true Texas and American landmark — and are deeply committed to continuing the proud legacy of W.T. 'Tom' Waggoner, his family, and his descendants. Our gratitude to them and to the many parties involved in this process is immense. We will continue to preserve and protect this uniquely American treasure," Kroenke added. Bernard Uechtritz of International Icon Properties in Dallas and Sam Middleton of Chas. S. Middleton & Son in Lubbock represented the owners in marketing the Texas-sized ranch and securing the buyer for the Waggoner. Joel Leadbetter of Hall and Hall in Bozeman and Sam Connolly, general manager of Kroenke Ranches, represented Stan Kroenke. Prospective buyers in more than 100 coun- tries were contacted. "The selection of Mr. Kroenke brings to a close an unprecedented global marketing effort," said Uechtritz. "The sale of the Waggoner was an extraordinarily complex and multi-faceted process, and its successful culmination is a tribute to the many people, teams, and layers of teams representing all sides behind the process," Uechtritz said. On the buyer's side, Hall and Hall's ever-capable managing director proved yet again his industry-leading abilities. "Working with Stan Kroenke and his team at Kroenke Land and Cattle to help him build such an extraordinary multi- faceted agribusiness operation has been a high point for all of us at Hall and Hall," said Leadbetter. "Knowing that the incredible history of the Waggoner will be shepherded by such a dedicated steward brings all of us tremendous satisfaction." — Eric O'Keefe Back Gate The Waggoner's enormous cattle operation, which can run as many as 12,000 head, has and will continue to require large remudas such as this one. "We are honored to assume ownership of the Waggoner — a true Texas and American landmark — and are deeply committed to continuing the proud legacy of W.T. 'Tom' Waggoner, his family, and his descendants. " — Stan Kroenke, Kroenke Ranches ★ WYMAN MEINZER