FORT WORTH AND GREENVILLE, TEXAS — Cushman & Wakefield of Texas (C&W) has brokered two Dallas-area multifamily sales. In Fort Worth, C&W arranged the sale of Les Jardin Apartments, a 77-unit, Class C property located at 2901 Travis Ave. The community comprises four, two-story buildings and was 89 percent occupied at the time of closing. C&W’s Stephanie Mower, Barney McAuley. Brandon Beeson and Mart Martindale represented the seller, Columbus, Ohio-based Les Jardin Holding Co.; the buyer, Grafford Investment Group, was represented by Brad Sumrok of Lifestyles Realty.
In Greenville, Martindale brokered the sale of the 65-unit Lakeway Apartments on behalf of the undisclosed seller. The property was acquired by El Paso, Texas-based El Paso Rivera Investments, which plans to invest in a capital improvements program for the property in the near-term. Occupancy was 68 percent at the time of closing.