JLL Capital Markets announced today that it has closed the sale of Independence Crossing, a 124-unit, boutique, value-add multi-housing community located in the Dallas, Texas suburb of Plano.

JLL represented the seller. Langdon Street Capital acquired the asset.

Built in 1999, the two-story Independence Crossing offers one- and two-bedroom units averaging 942 square feet. Select units feature stainless steel appliances, contemporary wood-style flooring and fireplaces. Community amenities include a resort-style swimming pool, a fully equipped fitness center, a modern clubhouse, a resident lounge, an executive business center, private yards, a dog park and detached garages.

Situated at 6501 Independence Pkwy, Independence Crossing offers residents convenient connectivity to the Dallas area’s major thoroughfares, including US-75, Dallas North Tollway and SH-121. The property sits just five miles from the largest employment centers in North Dallas, CityLine and Legacy Business Park, and is within proximity to top retail and entertainment destinations, including The Shops at Legacy and Stonebriar Centre. Additionally, the community is adjacent to the Bluebonnet Trail and is near several parks and greenbelts.

The JLL Capital Markets team was led by Senior Managing Directors Rob Key and Roberto Casas and Managing Director Greg Toro and Senior Director David Austin.

Dallas native creative agency expands from 27,959 square feet to 55,918 square feet in one year in one of Dallas’s newest and most innovative creative office spaces.

The Luminary is located at 401 N. Houston St. in the West End, adjacent to the Central Business District. LERMA/ will occupy an additional full floor of the building. Stream Realty Partners Managing Director Dan Harris and Senior Associate Nate Hruby represented LERMA/ in the transaction. Senior Director of Project Management Services Bobby Kunkle provided construction management services. Stream, headquartered in Dallas, is a national real estate services, development, and investment company.

The Luminary offers an unmatched and innovative office experience with sweeping views of Downtown through electrochromatic glass windows that dynamically change tint in response to sunlight. Efficiently laid out floor plates and advanced building technology contribute to the collaborative atmosphere that LERMA/ strives towards.

Recently purchased by Harwood International, The Luminary also offers a rooftop terrace, 52 bike racks and daily food service. The building is centrally located at the intersection of the Harwood District, Dallas Arts District, Design District, Downtown, Uptown, and Victory Park, offering tenants easy access to a host of retail and dining options. The West End is accessible by all major highways, thoroughfares, and public transit, including all four of DART’s light rail lines. Harwood International’s Kelly Whaley and Hannah Mesh represented the owner in the transaction.