57
DALLAS — A partnership between two locally based investment firms, Discover Multifamily and Rainier Cos., has acquired 1001 Ross, a 204-unit apartment building in the historic West End area of downtown Dallas. The mid-rise property, which was built in 2004 and includes 30,506 square feet of retail space, offers one- two- and three-bedroom units. Amenities include a pool, fitness center, outdoor grilling and dining stations, coffee bar, resident lounge and a coworking space. The seller and sales price were not disclosed. The new ownership plans to implement a value-add program and rebrand the property as The Griffin.