PASSCO COMPANIES PURCHASES FLA. 248-UNIT APARTMENT COMPLEX

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PENSACOLA, FLA. — The 248-unit Marcus Pointe Grande Apartment Homes, located in Pensacola, has been purchased by Passco Companies. The complex, which includes 31 two-story buildings, is part of a master-planned community that features a golf course, business park and a single-family development. Amenities include a club house, a pool with spa, a fitness center, washer-dryer hookups and fireplaces in some units. Passco and the undisclosed seller were represented by Dan Allen of CB Richard Ellis' Jacksonville, Fla., office.

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