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Home News Industries Commercial Real Estate Ford’s Colony Realty in Williamsburg is under new ownership

Ford’s Colony Realty in Williamsburg is under new ownership

Published November 2, 2017 by Paula C. Squires

Long-time Williamsburg residents David and Nancy Walker have purchased Ford’s Colony Realty.

The new owners announced the change in ownership Thursday. David Walker said the couple bought the realty firm over the summer for an undisclosed price

The Walkers have owned several homes at Ford’s Colony in the past, although they currently live in Colonial Williamsburg on land inherited by Nancy Skillman Walker, a third-
generation Williamsburg resident.

Walker said the couple is “in a transition period now,” with the realty firm. They  plan to update Ford Colony’s marketing efforts with the latest technology including the firm’s websites, photography, presentation materials, and more.

“I’m excited to assemble a team to navigate the constantly changing landscape of lifestyle realty in Williamsburg with technology and marketing tools playing a central role,” he said in a statement and confirmed in an interview with Virginia Business.

The Walkers invested in Ford’s Colony, a master-planned community with about 2,600 homes today, 40 years ago, when it was named Middle Plantation. They, together with partners, built more than 40 houses in the development and have lived in five homes in the neighborhood. At one time, Walker said they were the largest individual lot holders in the subdivision.

The couple’s son, Scott Walker, a broker with Precision Realty in the Richmond area, will serve as a consultant and adviser, Walker said.

Ford’s Colony is a 3,000-acre, gated community that offers 24-hour security, three golf courses, a country club, pools, and walking and biking trails.

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