66
PLANO, TEXAS — Investment advisory firm ARA has brokered the sale of Sheridan Park at Spring Creek, a 300-unit multifamily community in Plano. Constructed in 1999, the complex offers one-, two- and three-bedroom apartments averaging 983 square feet plus amenities including two swimming pools, a fitness center, dog park and playground. The Class A complex, which was 93.3 percent occupied at the time of the sale, is in proximity to Interstate 75 and State Highway 190, as well as major employers such as the State Farm headquarters. Brian O’Boyle Sr., Brian Murphy and Brian O’Boyle Jr. of Atlanta-based ARA marketed the property on behalf of the undisclosed seller. Waterton Associates LLC, based in Chicago, purchased the asset.