Transcontinental Realty Investors Inc. Announce That Dominion at Mercer Crossing Apartments Starts Lease-Up
January 23, 2020 at 08:02 pm IST
Share
Transcontinental Realty Investors Inc. announced that Dominion at Mercer Crossing Apartments are complete and currently in lease-up. TCI affiliate Abode Properties Services is providing asset management guidance for this class A property located at Mercer Crossing in Farmers Branch, Texas, located near TCI-developed Lakeside Lofts. The mid-rise property will consist of two residential four story buildings, housing 256 units. The Dominion at Mercer Crossing apartments will offer spacious 500-square-foot studios, one bedroom units ranging from 616 to 858 square feet, two bedroom floor plans ranging from 991 to 1233 square feet and three bedroom units ranging from 1436 to 1490 square feet. Each apartment boasts a gourmet kitchen with granite countertops, energy star appliances, designer lighting and plumbing fixtures, wood plank flooring and an in-home washer and dryer. Select apartment homes offer residents a private yard. The property’s noteworthy amenities include a resort style pool with tanning ledges and cozy cabanas, fully equipped fitness center, parking garage, elevators, and walking trail. The property is situated inside the 1,200 acre Mercer Crossing development. Mercer Crossing is at the heart of the Dallas-Ft. Worth metroplex. Located near the junction between interstates 635, 35E, George Bush Tollway, and Sam Rayburn Tollway, the development will feature retail, restaurant, hotel, corporate office space and multifamily residential. Fifty companies call Mercer Crossing home. Mercer Crossing is at the center of Dallas-Ft. Worth.
Transcontinental Realty Investors, Inc. is a fully integrated, externally managed real estate company. The Company operates through two segments: the acquisition, development, ownership and management of multifamily properties, and the acquisition, development, ownership and management of commercial properties, which are primarily office properties. The services for its commercial segment include primarily rental of office space and other tenant services, including parking and storage space rental. The services for its multifamily segment include primarily rental of apartments and other tenant services, including parking and storage space rental. It holds a diverse portfolio of equity real estate located across the United States, including office buildings, apartments, shopping centers, and developed and undeveloped land. It invests in real estate through direct ownership, leases and partnerships and invests in mortgage loans on real estate. It also holds mortgage receivables.
TRANSCONTINENTAL REALTY INVESTORS, INC. 
