NAI Partners recently arranged a +15 acre sale for the Cleveland-based NRP Group to build a 324-unit Copernicus Apartments.
NAI Partners’ Carlos Marquez and Brett Lum brokered the transaction. NAI Partners is still marketing the remaining 52.33 acres at the site.
The NRP Group recently completed The Stella Apartments on the East Side and has several active projects in the area including the Flats at River North and Acero near downtown.
The NRP Group is a vertically integrated developer, owner, builder, and manager of best-in-class multifamily housing. Since its founding in 1994, NRP has developed more than 43,000 apartment homes, and currently manages over 23,000 residential units. The company utilizes the entire breadth of its in-house capabilities to fulfill its mission: creating exceptional rental communities for individuals and families, regardless of income. Through its disciplined approach to vetting opportunities, NRP has established a track record of delivering impressive returns for investors. The company’s formidable size and depth of talent provides the experience and infrastructure necessary to execute developments of varying degrees of complexity and scope in both urban-infill and suburban locations, including market rate, affordable, and senior housing.
NAI Partners recently arranged the sale of 8725 Meadowcroft Drive, a 20,900-sq.-ft. industrial property in West Houston.
NAI Partners’ Michael Keegan and Andrew Laycock represented the seller in the transaction. Hunter Johnston with Bridge Commercial represented the buyer in the transaction.
The buyer, U.S. Living, is a subsidiary of Sade Capital that specializes in the acquisition, development, and management of multifamily assets across the U.S.
NAI Partners recently arranged the sale of 1302 Boyles Street, a 11,880-sq.-ft. industrial property in East Houston.
NAI Partners’ Michael Keegan and Andrew Laycock of the company’s Industrial Services Group arranged the transaction.
The buyer, ED Produce, specializes in the wholesale distribution of fresh fruits and vegetables. This will be its second location overall and first location in Texas.
NAI Partners recently completed the sale of 3815 Hollister Street, a 30,194-sq.-ft. industrial property in Northwest Houston.
NAI Partners’ Michael Keegan and Andrew Laycock of the company’s Industrial Services Group arranged the transaction.