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9/3/2013



Rail News: Rail Industry Trends

NAI Houston markets Cline Shale properties near BNSF, UP lines


Commercial real estate services firm NAI Houston last week announced it's been chosen to market five properties totaling 3,748 acres in the Cline Shale, the newest shale formation situated over a large portion of the Permian Basin's eastern shelf in Texas. All five properties are near Sweetwater, Texas.

A 2,423-acre tract along Interstate 20 — known as the Bitter Creek Ranch and Smith Property — and 700-acre parcel along County Road 109 in Nolan County are adjacent to BNSF Railway Co. and Union Pacific Railroad lines, NAI Houston officials said in a press release.

The firm also is marketing three other Cline Shale sites in Nolan County: a 480-acre tract along Bitter Creek Road; 85-acre property on Country Road 109; and 60-acre parcel along County Road 121.



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