Discover Acquires 204-Unit Rental Property in Dallas

Discover Acquires 204-Unit Rental Property in Dallas
Discover Acquires 204-Unit Rental Property in Dallas

### Discover Multifamily Acquires 1001 Ross in Dallas

Discover Multifamily has acquired **1001 Ross**, a mixed-use property located at the northeast corner of Ross and Lamar in Dallas. The property consists of **204 Class A multifamily units** and **30,506 square feet of ground-floor retail space**. The acquisition was completed through a joint venture with **The Rainier Companies**, a national commercial real estate investment firm based in Dallas. Edge Realty Partners had listed the property.

Originally built in **2004**, the property is situated in the **West End District** and is set to undergo a comprehensive modernization. The rebranding to **The Griffin** will include significant exterior and interior enhancements. Current lease rates for the units range from **$1,216 to $1,836** for one- to three-bedroom apartments.

Additionally, the **Goldman Sachs Campus at NorthEnd**, located just half a mile away, is set to open in **2027**. This new development is expected to bring more than **5,000 employees** to the area, driving demand for residential and retail space.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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