CBRE Group’s Dallas multifamily group is hunting a buyer for the Windsor at Las Colinas apartment in Irving.  The 5-year-old luxury rental complex is located on Lake Carolyn just east of State Highway 114. The 341-unit, 4-story apartment development was built by Houston-based developer Hanover Co. and is owned by General Investment Development.

The project is located adjacent to DART’s new light rail commuter line, which opens this year. “This will be the most desirable apartment property coming to market early this year,” said CBRE Group’s Mark Stymiest, who is heading efforts to market the property.

The Irving apartments are more than 95 percent leased. While the project doesn’t have an asking price, Windsor at Las Colinas is valued on the tax rolls at $26 million.

Courtesy of Dallas Morning News

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