Balfour Beatty sails into 398-unit Townlake of Coppell

COPPELL – Balfour Beatty Communities has acquired Townlake of Coppell, a 398-unit garden style apartment community situated on 17.5 acres.

Balfour Beatty Communities completed the purchase through a joint venture with JLL Income Property Trust.

Balfour Beatty Communities will self-perform all property management services through its Multifamily Division.

Strategically located in northwest suburban Dallas, Townlake of Coppell consists of one-, two- and three-bedroom units that range from 675 sf to 1,100 sf.

"The property boasts a strong occupancy history, desirable location in the award-winning Coppell Independent School District and proximity to the DFW airport and downtown Dallas — factors that will continue to position Townlake as a strong performer," said Chris Williams, president of Balfour Beatty Communities.

Read more at Balfour Beatty Communities.