SUGAR LAND - Parkside Apartments at 12100 SH 6 South has been sold. The 9.2 acre, 240-unit complex includes 19 two- and three-story buildings.
Units range from 643 sf to 1,300 sf and feature up to three bedrooms and two bathrooms with amenities.
Parkside was acquired by Behringer Harvard Opportunity REIT II Inc. through a joint venture with Houston-based Arcadian Real Estate Group.
Arcadian will provide construction management services for the two-year project, which will include unit upgrades and improvements for common-area amenities.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.