Sunday, March 3, 2024 Mar 3, 2024
79° F Dallas, TX
Commercial Real Estate

East Dallas Apartment Community Trades Hands

JLL secures the sale of Bristol Square to Dallas-based WindMass Capital.
By Jeremiah Jensen |
Courtesy of JLL

A 341-unit, 12-building apartment community just traded hands in East Dallas.

Dallas-based WindMass Capital bought the Bristol Square apartments at 1720 John West Road from McGuire Family Properties, another Dallas-based company.

JLL’s Capital Markets team of Zar Haro, Moses Siller, Jorg Mast, and David Fersing represented McGuire in the sale.

WindMass Capital has two other multifamily properties in the metro, including a 65-unit community in Oak Cliff and a 132-unit property near White Rock Lake.

“The region’s strong economic fundamentals are increasing investor interests for multifamily product with potential upside through implementing a value add strategy,” said Haro. “Strategic investments to Bristol Square are sure to deliver great long-term returns for the new owner given the market’s continued projected growth.”

Related Articles

Restaurant Reviews

The Best Steakhouses in Dallas

The leader remains the same, but a few upstarts have rocked the rankings in a steak scene that has changed dramatically over the last several years.
By Eve Hill-Agnus and Brian Reinhart
Dallas History

D Magazine’s 50 Greatest Stories: Heartbroken at the Stoneleigh

"Heartbreak Hotel" captures a very different bar at the Stoneleigh Hotel and a very different Dallas in 1977.
Restaurants & Bars

Find Your Next Favorite Bottle at Ampelos Wines in Bishop Arts

And don’t sleep on the “Wine-Dow,” a patio window through which you can order a glass to sip on al fresco.