Swiss-based Empira Group, an institutional real estate investment firm, is expanding its presence in the U.S. with the acquisition of a 1.1-acre development site located steps from Dallas Arts District in the heart of central business district. The market-rate multifamily development will consist of 375 apartments and 7,300 square feet of restaurant space with 2,500 square feet outdoor seating overlooking Celebration Of Life Park (photo courtesy JLL).
The high rise at 711 N Pearl Street is three blocks away from one of nation’s largest contiguous urban arts districts where residents can access prominent visual and performing arts venues such as AT&T Performing Arts Center, Margot and Bill Winspear Opera House Meyerson Symphony Center & Dallas Museum Of Art within few blocks radius.
Empira Group has further expanded its portfolio by acquiring this choice property in Dallas which adds to their existing projects in Miami making them one among many companies who travel halfway around world for good deals on real estate investments .