Monday, September 15, 2014

IPA Sells 495 Multifamily Units in Dallas, TX


Advenir at Foxmoor Apartments, Dallas, TX
DALLAS, TX, Sept. 15, 2014 – Institutional Property Advisors (IPA), a division of Marcus & Millichap serving the needs of institutional and major private real estate investors, has arranged the sale of Advenir at Foxmoor, a 495-unit multifamily property located in Dallas. The terms of the sale were not released.

            IPA executive director Will Balthrope and IPA director Drew Kile represented the seller in the transaction and procured the buyer.

            “This property offers a prime location with direct access to dynamic retail, recreation and employment opportunities along Central Expressway,” says Balthrope.

            Built in 1974 on more than 11 acres with nearly 800 feet of frontage along Highway 75, Advenir at Foxmoor is less than eight miles north of the Dallas Central Business District.

For a complete copy of the company’s news release, please contact:

Gina Relva
Public Relations Manager

(925) 953-1716

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