Thursday, January 28, 2010

Broadstone Parkway in Dallas near Galleria changes hands

(Dallas) - USAA Real Estate Co. acquired Broadstone Pkwy., a 331,473-sf, Class A mixed-use development in Dallas from Bank of America.

The property includes 333 residential units and 40,070 sf of retail space on 7.4 acres at 5005 Galleria Dr. across from the Galleria Dallas. The units are less than 7 percent vacant while the retail portion has a nearly 58 percent vacancy.

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