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Harbor Group International acquires north Dallas multifamily property
Affiliates of Harbor Group International announced the acquisition of Mezzo, a 378-unit, class A multifamily property in Aubrey, Texas. Built in 2022, Mezzo consists of 12 three-story buildings and a clubhouse. Newmark facilitated the transaction.
Mezzo, located in a rapidly evolving submarket of North Dallas, has experienced a significant 326 percent increase in population since 2000. This coincides with a time of considerable business development in North Dallas. The PGA of America recently completed its headquarters about three miles from the property and is building two additional mixed-use developments. Mezzo is surrounded by dining options and entertainment, including golf courses and shopping centers.
The proximity to employment hubs and neighborhood attractions makes Mezzo well-positioned to meet the community’s growing need for high-quality multifamily accommodations.
“The Mezzo acquisition is a testament to HGI’s suburban investment