Suntex Enterprises buys 100 acres in South Texas for USD 2.5 million

SUNTEX ENTERPRISES INC

SNTX

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Suntex Enterprises closed a USD 2.5 million purchase of about 100 acres in South Texas through its Red Spur Land & Ranch unit.
Asset anchors a long-term platform focused on land ownership, development, construction, and infrastructure, with a multi-phase mixed-use project under review.
Red Spur will hold the land; GoldenEra Development will lead planning, with JA Development & Construction and Deep South Electrical Contractors positioned for build work.
Work has started on engineering, master planning, and infrastructure assessments, with progress updates expected in the near term.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Suntex Enterprises Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606021054PRIMZONEFULLFEED9730562) on June 02, 2026, and is solely responsible for the information contained therein.

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