San Antonio: The Heights at Midcrown sold near RackspaceSan Antonio: The Heights at Midcrown sold near Rackspacehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=27242014-10-21T12:56:00Z2014-10-21T08:30:00Z

SAN ANTONIO - The Heights at Midcrown, a 208-unit apartment complex located at 8000 Midcrown in Northeast San Antonio has been sold. The PPA Group was the buyer.

The community offers one-, two- and three-bedroom units that range in size from 612 sf to 1,094 sf and in price from $525 to $810.

PPA plans to renovate some of the units in The Heights and add some new community perks. The Heights is located near one of the city's most prominent employers — Rackspace Hosting.

The Northeast Side submarket is familiar territory for PPA. In April, the firm announced plans to build a new complex called The Lookout at Comanche Hill.

PPA is also part of the team behind a new multifamily community known as the Aviator at Brooks City Base.

San Antonio Business Journal
San Antonio-New Braunfels
http://www.bizjournals.com/sanantonio/news/2014/10/20/ppa-closes-on-its-purchase-of-the-heights-at.htmlRead more at {Source}

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