43 acres in Euless set aside for multifamily, retail
EULESS – Through multiple transactions, Tonti Properties has purchased a total of 43 acres at the northeast quadrant of Cheek-Sparger Rd. and Heritage Ave., west of SH 121. The company will break ground there this spring on Trinity Union, a 457-unit multifamily community with an urban design.
Trinity Union will have a four-story wrap-style building with structured parking as well as separate townhome-style buildings with direct-access garages and private yards.
Additionally, 19 acres of the site will be devoted to retail use.
In the most complex of the transactions, Venture Commercial Real Estate represented the seller, a family that had owned a 25-acre tract for 54 years, while Edge Realty Capital Markets represented Tonti Properties. In other transactions, Venture and Edge co-represented Tonti.
In This Article
You might also like
Publications
Receive our economic and housing reports and newsletters for free.