Matthews™ Arranges Sale of Five Multifamily Properties in Dallas, TX
Dallas, TX – Matthews Real Estate Investment Services™, the nation’s fastest-growing commercial real estate firm, announces the sale of five properties in Dallas, TX. Matthews™ represented the seller and sourced the buyers. All five properties are in the Bishop Arts District in the heart of North Oak Cliff, Dallas.
The Bishop Arts District is known as Dallas’ most independent neighborhood and is home to over 60 independent boutiques, restaurants, bars, coffee shops, and art galleries. The seller in the 5-property portfolio is a private client. The buyers were local private clients with experience owning and operating apartments in the Oak Cliff and Bishop Arts sub-markets. Future development in the immediate areas of select properties within the portfolio are likely to bolster the long-term strength of these investments.
Matthews™ had to navigate through many challenges at each of the properties such as roof, HVAC, structure, plumbing, city violations, etc.
Matthews™ has closed roughly 20 transactions in the Oak Cliff and Bishop Arts submarkets in the past 12 months. To view all current listings, please visit www.matthews.com.
About Matthews™
Matthews Real Estate Investment Services™ is recognized as an industry leader in Shopping Centers, STNL, Multifamily, Leasing, Management, Portfolio Disposition and 1031 Exchange programs. The firm is headquartered in El Segundo, CA and serves clients throughout the United States and Canada. For more information, please visit www.matthews.com
