Sale and development
Broe Real Estate Group has acquired Maple Terrace Residences, a 345-unit apartment tower in Uptown Dallas, REBusinessOnline reported Nov. 12. JLL brokered the sale, according to the report, which did not disclose the price or identify the seller. It also did not give an exact closing date. Broe Real Estate Group Acquires 22-Story Apartment Tower in Uptown Dallas - REBusinessOnline
The 22-story building opened in 2024 after being developed by a partnership of Hines, Mitsui Fudosan American and McNair Interests. It is part of a broader mixed-use development involving the reuse of historic buildings along Maple Avenue, REBusinessOnline reported. The publication did not disclose the apartment tower’s area in square feet. Broe Real Estate Group Acquires 22-Story Apartment Tower in Uptown Dallas - REBusinessOnline