GRAND PRAIRIE - Derby Park — a 360-unit multifamily community located at 606 West Palace Pkwy. at the northwest corner of Beltline Rd. and I-30 — has been sold.
The buyer is planning interior unit upgrades for the 95 percent occupied property.
Community amenities include two swimming pools, cyber cafe, business center, fitness center and playground. Intergerman Derby Limited Partnership purchased the asset from a private equity firm for an undisclosed price.
Dirk Goris, Chris Deuillet and Daniel Baker, with CBRE in Dallas, represented the seller.
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