MCKINNEY, TX-Dallas-based Community 21 Investors LLC has purchased 12 acres of land in McKinney for a multifamily project. The real estate investor bought the raw land at the northeast quarter of Community and White avenues from KPEG Real Estate Fund Inc.
Terms of the deal were not disclosed. This will be the first multifamily project in Texas for Community 21 Investor. Land Advisors Organization's Austin Reilly represented the buyer and Henry S. Miller Brokerage's Tom Grunnah represented the seller in the deal. For the full story, go to Dallas Business Journal .
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