Sale of north Texas apartments completed

Out-of-area investor named as buyer

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Brokerage Grubb & Ellis Co. recently announced the sale of a 476-unit apartment complex in North Arlington, Texas, for an undisclosed price. An out-of-state investor purchased the property from an unidentified entity. The property, Collins Pointe, comprises 327,266 square feet of space in a variety of differently sized one- and two-bedroom units. The complex also features two large, resort-style swimming pools. ...