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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.

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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
    APN:518703
    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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