
High Street, Olympus Sell Carrollton Multifamily
Trammell Crow Company’s High Street Residential subsidiary and High Street’s partner Olympus Property have sold Olympus on Main, a 352-unit multifamily property in Carrollton, to Nimes Real Estate. Financial terms weren’t disclosed.
The property, which also includes 4,025 square feet of ground-floor retail space leased by Barrel and Bones, is the third phase in the Union at Carrollton Square transit-oriented development. The project has delivered more than 660 multifamily units to the city of Carrollton, with more slated to deliver by year-end.
“This development has helped in creating an identity for Downtown Carrollton, energizing the city and its residents,” said Joel Behrens, principal of High Street. “We are excited to shift our focus to the fourth phase of this project, Olympus on Broadway, which will deliver 383 multifamily units by the end of 2020.”
Olympus on Main is located adjacent to the Downtown Carrollton Green Line DART station.
For comments, questions or concerns, please contact Paul Bubny
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