Frisco apartments go to Alabama buyerFrisco apartments go to Alabama buyerhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=72162013-06-05T08:16:00Z2013-06-03T00:00:00Z

FRISCO - Colonial Properties Trust has purchased the 252-unit Colonial Reserve at Frisco Bridges for $36.2 million.

Colonial Reserve at Frisco Bridges is a newly developed Class A mid-rise apartment community. The apartment community was completed in 2013 and is currently in lease-up with 30 percent of the units leased at the time of acquisition.

Colonial Properties Trust is based out of Birmingham, Alabama.

Read more at Business Wire.

Dallas-Fort Worth-Arlington
http://www.marketwatch.com/story/colonial-properties-trust-acquires-mid-rise-apartment-community-in-dallas-texas-2013-05-31Read more at {Source}

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