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Texas  + Dallas-Fort Worth  + Apartments  | 
Grandscape apartments sells

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.


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.

  • The Ascent

    San Antonio, TXTexas + Garden Style
    Listing Status:Available
    Listing Type:Highest & best offer
    No. of Units:154
    Average Occupancy:97
    Year Built:1965
    Building Size:102811 Sq ft
    Lot Size:4.88 Acres
    No. of Stories:2
    Opportunity Zone:No
    Learn More
  • The Pointe Apartments

    Lubbock, TXTexas + Apartments
    Listing Status:Available
    No. of Units:90
    Year Built:1973
    Building Size:76167 Sq ft
    No. of Stories:3
    Opportunity Zone:Yes
    Learn More
  • ◦Sale/Acquisition
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