HOUSTON - Strategic Capital of China has entered the Texas market with the purchase of the 372-unit Broadstone Post Oak apartments near the Galleria.
The sale of the five-story community, 3100 Post Oak Blvd., was arranged by CBRE.
Alliance Residential Partners developed Broadstone Post Oak in 2014 on one of the last remaining land tracts along the prestigious Post Oak Drive in the Houston Galleria.
Broadstone is just south of the Waterwall, near the Lakes on Post Oak office park. (The Lakes of Post Oak buildings also attracted investors from the Far East when the project was sold off in pieces last year.)
Need free data with no ads? Click Houston Market Research for real estate data.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.