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1,824 units in Craig Ranch trade hands

​​​McKINNEY – Parkside at Craig Ranch, a 1,824-unit apartment community at 7149 Van Tuyl Pkwy​., has been sold. 

The community was built in five phases between 2013 and 2021 within the 2,200-acre C​raig Ranch master-planned development.

It totals approximately 1.5 million sf of net rentable space and has an onsite convenience store, multiple fitness centers, and centralized workroom with private offices. 

CBRE represented the seller, Columbus Realty Partners. The firm also arranged ​a $242 million acquisition loan on behalf of the buyer, funds sponsored by Harbert Management Corp.​​​

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​Source: REBusiness Online

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