December 2, 2021
FSB Companies announced the successful exit of its investment in the Panther Creek property located in Canton, MS. The FSB investment in Panther Creek consisted of 41 acres of water frontage property within the 650 acre gated community residential development. The property was subdivided and sold individually as 7 separate parcels, each with access to one of the community's sizable lakes.
Recent economic developments in the Canton area were the main catalyst for the sale of this investment that has been part of the FSB real estate portfolio since 2008. One key addition to the Canton area is the construction of an Amazon fulfillment center expected to bring 1,200 jobs.
This deal was assisted by brokers Tyler Goolsby at Goolsby Properties and Chip Donald at Rice Realty Group.