Dallas’ Mondrian Cityplace sold by USAADallas’ Mondrian Cityplace sold by USAAhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=94172012-10-03T14:13:00Z2012-10-03T00:00:00Z

DALLAS - Multi-Employer Property Trust has purchased the 218-unit Mondrian Cityplace from USAA Real Estate. The 20-story luxury high-rise, located at 3000 Blackburn St., contains about 19,000 sf of retail.

The Mondrian’s appraised value is $44 million, according to the Dallas Central Appraisal District, and is 98 percent leased.

The rental high-rise has been on the market since summer 2012.

Read more at the Dallas Business Journal.

Dallas Morning News
Dallas-Fort Worth-Arlington
http://www.dallasnews.com/business/commercial-real-estate/headlines/20121002-cityplaces-mondrian-tower-sold-to-investment-group.eceRead more at {Source}

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