311-Unit Union at Carrollton Square sold to Olympus

CARROLLTON – Olympus Property has purchased the 311-unit Union at Carrollton Square in downtown.

The five-acre, transit-oriented project is adjacent to downtown Carrollton’s DART light rail station. It offers one- and two-bedroom units ranging from 580 sf to 1,182 sf.

Opened in 2013 and 2014, the project includes 4,700 sf of ground level retail space.

Olympus — which is based in North Texas and San Francisco — just bought the 440-unit Mosaic loft apartment project at Akard St. and Bryan St. in downtown Dallas. That project was expected to sell for near $80 million.

Founded in 1992, Olympus owns and manages more than 9,000 apartments in nine states.

For more on the Mosaic loft purchase, see previous story Dallas’ 440-unit Mosaic paints a new picture with sale.

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