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Tx Rangers Owner Tom Hicks Sells Aspen-Area Property for $18.5M, WSJ

ASPEN REAL ESTATE - Texas Rangers owner Tom Hicks, whose Hicks Sports Group is in default on $525 million of debt, sold his three-acre, Aspen-area estate to Howard M. Jenkins, the former head of the Southeastern Publix Super Markets chain, for $18.5 million.The Snowmass Village, Colo., property, with an original $20 million asking price, has a main house and a guest house totaling 11,000 square feet. Mr. Hicks sold the contemporary homes furnished. The ski-in, ski-out property also has a pool, and the two homes share a driveway. The 58-year-old Mr. Jenkins, who has a home for sale in the area, said he plans to use the property as a getaway for his family and friends.
By Juliet Chung, Jan. 22, 2010 WSJ

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