The firm has acquired a recently-completed class A, 206-unit community from Watermark Residential.
The sale of the 1,184-unit, upscale community in Highlands Ranch, CO represents the largest single-asset apartment transaction in Colorado’s history.
Torrey Square posted the lowest base rent per-leased-square-foot in Whitestone’s wholly-owned portfolio. Since its IPO in 2010, Whitestone has improved its base rent per leased square foot by over 80%.
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