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$85M spred across 1,600 units in five cities$85M spred across 1,600 units in five citieshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=158492017-02-22T06:00:00Z2017-02-22T22:00:00Z

​DALLAS, GARLAND, MESQUITE, FORT WORTH, AND TYLER​ – Tranwestern has brokered five sales of properties totalling 1,600 multifamily units valued at $85 million.

In the first deal, a New York-based investment group acquired North Park Terrace, a 310-unit property located at 8662 Park Lane in Dallas. 

Also sold was Pecan Tree, a 173-unit community located at 3001 Kendale Dr. in Dallas.

In the second transaction, an Oregon-based investment group purchased Eastfield Plaza, a 216-unit community located at 2626 John West Rd. in Mesquite.

The buyer plans to renovate the property.

In the third deal, a New York-based investment group acquired Parque Del Sol, a 200-unit property located at 238 E. Oates Rd. in Garland.

In the fourth transaction, a Northern California-based investment group purchased Woods of Ridgmar, a 235-unit community located at 2200 Taxco Rd. and 2200 Ridgmar Plaza in Fort Worth.

In the final deal, a Dallas-based investment group acquired 34 Hundred, a 484-unit complex located at 3400 Varsity Dr. in Tyler.

The buyer plans to renovate the property, which is located across the street from the University of Texas at Tyler.

REBUSINESS
Dallas-Fort Worth-Arlington
Multifamily
https://rebusinessonline.com/transwestern-arranges-sales-of-1600-multifamily-units-in-dallas-fort-worth-area-totaling-85m/Read more at {Source}

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