Developer buys Pasco County acreage for master-planned community

GPI Real Estate has bought three continuous parcels totaling 149.5 acres in Wesley Chapel. 

The property is at 9247 Kenton Road. It makes up a major portion of GPI’s planned 168-acre master planned community, according to Linkvest Capital, a Miami firm that arranged a $5.5 million acquisition loan. (Linkvest posted a press release announcing the sale on its website attributed to the industry publication CREConnect.) 

Pasco County property records show GPI paid $4.5 million for the property.