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Legendary 50-year-old North Texas Cattle and Recreational Ranch "BROSECO" to be Liquidated by Subdivision and Sealed Bid Process

Icon Global Group to Market and Sell Beef Industry Icon


News provided by

Icon Global Group

Oct 18, 2017, 08:30 ET

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DALLAS, Oct. 18, 2017 /PRNewswire/ -- The Broseco Ranch which derives its name from the Brown Family and former Brown Securities Company will be completely sold and liquidated in its entirety commencing with sealed bids November 15th.

Final Sale of All Broseco Ranch Assets
Final Sale of All Broseco Ranch Assets

For some 50 years, the Broseco Ranch brand has been recognized as a benchmark brand for the Texas cattle industry with its revered 2,000 plus Red Angus herd producing its consumer brand of producers' alliance beef marketed as "Ranchers Reserve" which is carried throughout many retail grocery outlets. More recently, the ranch diversified into the recreational hunting and fishing markets boasting an enviable managed deer herd infused with leading genetics, as well as two 100-acre managed bass fishing lakes. Located along the Sulphur River, near Mount Pleasant, TX the ranch also accommodates a variety of wildlife hunting and fishing packages including lodging stays for enthusiasts.

The namesake Broseco Ranch (approximately 11,800 acres) which is currently listed at $34,220,000 or $2,900 an acre includes grazing, recreational, hunting and commercial land will be sold and liquidated completely through a sealed bid process. The marketing and sale is being handled by Bernard Uechtritz of the Icon Global Group (www.Icon.Global).  Uechtritz and the Icon Global Group are the leading Briggs Freeman and Sotheby's International Realty ranch sales team worldwide.

Uechtritz stated, "We are offering the property both as a whole and in separate tracts. We will review all offers submitted to Farmer, Fuqua & Huff Certified Public Accountants on or before the deadlines. We have a tentative subdivision parcel map but remain open to a custom parcel or combination of parcels sales preferred by a prospective buyer. The ranch has terrific subdivision and diversified use potential ranging from a commercial tract on Interstate 30, to serious ranching and grazing land, along with high fenced and other recreational tracts making it a very valuable acquisition opportunity for any number of people."

"After we sell the real estate, we will sell the remaining livestock in February of 2018 and then the operating equipment and personal property. This is a complete estate liquidation. Everything will be sold.  We have experienced tremendous early interest in the offering and are now busy pre-qualifying clients, their interest, as well as setting up ranch tours and finalizing bid packages."

About Broseco Ranch
Located less than two hours east of Dallas just off of Interstate-30, Broseco Ranch has been a leader in the cattle, wildlife, hunting and fishing arenas for years.  Positioned just south of the Sulphur River in East Texas and with 11,800 acres ±, the Ranch is home to over 2,000 head of awarding winning Red Angus cattle, record whitetail deer, two 100-acres lakes stocked with Florida bass and some of the best waterfowl habitat in the state. Photos, videos and more information may be found at www.BrosecoRanchSale.com

About Icon Global Group
International real estate advisor Bernard Uechtritz and his Icon Global Group www.Icon.Global are specialists in the marketing and sale of unique ranches and one of a kind properties. They are the leading ranch and specialist property sales group of Briggs Freeman Sotheby's in Dallas as well as Sotheby's International Realty Worldwide.

About Bernard Uechtritz
In 2016 Uechtritz successfully led the record breaking worldwide marketing and sales campaign of the largest sale in US ranching history, the W.T. Waggoner Ranch. The $725 million dollar listing was also the highest sale ever recorded in the history of Sotheby's International Realty Globally. Uechtritz is recognized as the record holding sales associate of Sotheby's International Realty among more than 21,000 sales associates, in 900 offices and over 68 countries' Worldwide. He is a member of the top 40 sales associates network group nationally and a founding member of the Global Farm and Ranch network. With a career spanning 30 years selling exclusive, unique and often difficult real estate he is known as the "Go to Can Do" fixer of formidable deals. He lives in Dallas, Texas. 

About Briggs Freeman Sotheby's International Realty
Briggs Freeman Sotheby's International Realty is a luxury brokerage headquartered in North Texas. Its award-winning agents, serving clients from offices in Dallas, Fort Worth, Southlake, Lakewood, Uptown, The North and The Ballpark, achieved a record-breaking sales volume of $3.2 billion in 2016. Independently owned and operated by president and CEO Robbie Briggs, the firm specializes in the purchase and sale of significant properties, from historic and contemporary to waterfront, ranch and land. The company's deep-rooted connections, superior marketing resources and global strategies, as part of the $95 billion Sotheby's International Realty network, bring the extraordinary to every client. Its www.briggsfreeman.com website is a cutting-edge portal for properties, neighborhoods, schools, virtual tours and more.

SOURCE Icon Global Group

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