Dart Interests has acquired Fort Worth’s Central Library for $18 million. The library, which had seen a steady decline in visits, was closed in May. Spanning three floors and totaling 250,000 square feet, the building will be demolished and redeveloped into a mixed-use development. Christopher Kelsey of Dart Interests expressed excitement about working with the city to bring more opportunities to live, work and play in Fort Worth. A JLL team headed by Todd Burnette and David Berzina was engaged by the city to oversee sale of property that could potentially include 20-story buildings adding an impressive skyline appeal while ushering fresh growth for area residents.
Partnership Establishes Multifamily Sale Pricing Benchmark Along SR-78
Stos Partners, in collaboration with multifamily operator Apartment Worth and an institutional investor, has successfully concluded the sale of 938