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RICHARDSON — The Institutional Property Advisors (IPA) group of Marcus & Millichap has brokered the sale of the 285-unit The Venue, a 283,577-square-foot multifamily development located in the Telecom Corridor at 2301 Performance Dr. in Richardson. The development also includes 6,000 square feet of retail space. Will Balthrope and Lindsay Allen of Marcus & Millichap's Dallas office represented the sellers, Foster City, Calif.-based Legacy Partners Residential Development and Boston-based The General Investment & Development Companies in the transaction. The buyer was Chicago-based Amli Residential.