Connect News Commercial Real Estate news for every market and every facet, every day.
Connect CRE Events Live and virtual events bringing together the best of information and networking.
CRE Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Classroom Offering CRE focused continuing education courses on demand.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
Loantuitive Find the right lender for your loan.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Property Sectors

Topics

Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Texas  + Dallas-Fort Worth  + Apartments  |  June 27, 2023
Grandscape apartments sells
Mike Boyd
By: Mike Boyd

Grandscape Multifamily Tower Bought by Beachwold

A 345-unit apartment tower was sold in the Grandscape development in The Colony. The 14-story tower was purchased by Manhattan-based Beachwold Residential with a $76 million loan from PGIM Real Estate. Northmarq Capital brokered the sale.

The Live Grandscape includes pools, exercise facilities, dog park, indoor recreation room and theater, and a coworking space. Monthly rent starts at $1,600 and go up to $5,500. The building is south of SH 121 near the Nebraska Furniture Mart. 

The Grandscape is a Berkshire Hathaway creation. It’s an outdoor environment with landscaping, patio-style seating areas, modern technology displays, and an open green with a large pavilion. It stretches across more than 400 acres, and features more than 3.9 million square feet of retail, entertainment, residential, dining and attractions.

Read More News Stories About: PGIM
Connect

Inside The Story

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.
Order Reprints
  • ◦Sale/Acquisition
New call-to-action
New call-to-action