The Remington Benefits from Proximity to Fort Hood
The Remington, a 200-unit garden-style multifamily community in Killeen, recently sold to an undisclosed buyer for an undisclosed purchase price. The Remington comprises one- and two-bedroom units ranging from 450 to 1,100 square feet.
Located at 1001 North Twin Creek Dr., The Remington is approximately 60 miles north of Austin, 50 miles southwest of Waco and 10 miles southwest of Temple in central Texas. The property is just north of the heavily traveled thoroughfares, Highway 190 and Interstate 14.
Its western neighbor is Fort Hood, the largest U.S. Army base in the world. Other major employers in the Killeen-Temple-Fort Hood MSA include the Scott & White Memorial Hospital, McLane Company, Killeen ISD, Texas A&M University-Central Texas, Metroplex Health System, city of Killeen, Atmos Energy and Westar Aerospace.
JLL marketed the property on behalf of the seller, NALS Apartments Homes, and worked on behalf of GPI Real Estate Opportunity Fund to originate the Fannie Mae loan. The loan will be serviced by JLL Real Estate Capital LLC.
The JLL team representing the seller included Sean Sorrell, Steven Hahn Jr., Art Barnes, Ryan McBride and Joe Dowdle. JLL team analysts were Nicole Fontaine and Sam Nichols. The JLL team representing the borrower was led by CW Sheehan, Matthew Ctvrtlik and Scott Dickey.
Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM.
In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.
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