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Transactions - AUGUST 24, 2021

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L&B acquires luxury high rise in Dallas

by Released

L&B Realty Advisors has purchased The Christopher at The Union in Dallas. The terms of the transaction were not disclosed; however, RED Development, a Phoenix-based mixed-use real estate company was the seller.

The asset was purchased on behalf of an L&B client. The 31 story, luxury, class A high-rise residential building was built in 2019 and has 309 units, totaling 360,147 square feet.

The property is part of The Union, a large mixed-use development that includes Uptown’s only full-size grocery store, restaurants and a 420,695-square-foot office tower. In addition to providing residents with direct access to a full-size grocer with pharmacy, it is steps away from seven onsite restaurants. The Christopher is walkable to the Uptown and Downtown employment entertainment centers, Harwood District, Arts District, Victory Park, and Klyde Warren Park.

“The Christopher enjoys a prime location with its close proximity to a quality labor base, its convenienc

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