27 January 2010

California Investor Buys Preston Bend Apartments in Far North Dallas

Dallas News

Holliday Fenoglio Fowler LP said Wednesday that it has sold a Far North Dallas apartments development to a California investor.

The 255-unit Preston Bend complex is on nine acres at 18790 Lloyd Drive near State Highway 190 and the Dallas North Tollway.

The project was sold by Equity Residential and is more than 95 percent leased.

Anterra Realty Corp. negotiated the sale with Holliday Fenoglio Fowler. Terms of the transaction were not disclosed.

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