SOLD
MIG Real Estate Acquires Elan City Centre Multifamily In Farmers Branch
13301 Galleria Place
MultiFamily
Sold 31 days ago
Summary
Sale
TEXAS
MultiFamily
Elan City Centre, a 330-unit multifamily building located at 13301 Galleria Place in Farmers Branch, just north of Dallas, has been acquired by MIG Real Estate from HLC Equity Partners. The property emphasizes its appeal to young professionals due to its proximity to office buildings in the Platinum Corridor and LBJ Freeway.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Buyer: Greg Merage - MIG Real Estate
- Seller: Daniel N. Farber - HLC Equity Partners
- Broker: Ryan Reid - CBRE
- Market: Farmers Branch
MIG Real Estate, headquartered in Newport Beach, California, has expanded its portfolio with the purchase of Elan City Centre, marking its first investment in Dallas. This acquisition adds to MIG's growing list of properties in Texas, underlining its focus on properties that cater to the needs of young professionals.
Players
All
2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Greg Merage, Daniel N. Farber & Ryan Reid
DATE: 04/04/2024
ADDRESS: 13301 Galleria Place
MARKET: Farmers Branch
ASSET TYPE: Multifamily ~ UNITS: 330
BUYER: Greg Merage - MIG Real Estate
SELLER: Daniel N. Farber (@DanielNFarber) - HLC Equity Partners
BROKER: Ryan Reid - CBRE (@CBRE)
NOTE: MIG Real Estate, based in Newport Beach, California, has expanded its portfolio by purchasing Elan City Centre, a 330-unit multifamily building in Farmers Branch, just north of Dallas. This acquisition marks MIG's first venture in Dallas and adds to its growing list of properties in Texas, emphasizing the appeal to young professionals due to its proximity to office buildings in the Platinum Corridor and LBJ Freeway.View on map
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Address13301 Galleria Place
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