Realty Capital Management recently sold a 43,000-square-foot mixed-use building located at 5232 Colleyville Blvd., Colleyville.
Realty Capital Management sold Colleyville Lofts in October.[/caption]
The buyer, Colleyville Lofts Venture, is a 1031 exchange buyer from New York. The three-story building includes 30 apartments on the upper floors and commercial space on the ground floor occupied by Colleyville Family Medicine, an affiliate of the Baylor Scott & White Health Network.
The building, known as The Lofts in Colleyville, is part of the larger 26-acre mixed-use project known as The Village at Colleyville, which was developed by Realty Capital in 2002. Mark Boone represented Realty Capital internally. Bard Hoover of Marcus Millichap represented the buyer.