DALLAS–MIG Real Estate, a real estateinvestment company based in Newport Beach, Calif., has completedits first transaction in the Dallas area, recently acquiringElan City Centre, a 330-unit, class A multifamilycommunity in North Dallas.

“The purchase of Elan City Centre continues MIG Real Estate'sstrategy of investing in high quality assets in markets expected tooutperform in terms of population and job growth,” MarcVenegas, director of multifamily investments at MIG RealEstate, told GlobeSt.com.

Elan City Centre is located at 13301 Galleria Place, with accessto Interstate 635, the Dallas North Tollway, President George BushTurnpike and US Highway 75. The property is situated at theconvergence of two office markets: The Platinum Corridor and theLBJ Freeway Office Corridor, where employers includeAmazon, Toyota,FedEx and Coca-ColaEnterprises.