Discover Multifamily has acquired 1001 Ross, a mixed-use property on the northeast corners of Ross and Lamar in Dallas. It features 204 Class A multifamily units and 30,506 square feet of ground-floor Class A retail space. The acquisition was completed through a joint venture with The Rainier Companies, a national commercial real estate investment firm headquartered in Dallas. Edge Realty Partners had the property listed.
Built in 2004 and situated in the West End District, the property is set to undergo a comprehensive modernization, including a rebrand to The Griffin and significant exterior and interior enhancements. Currently, leases range from $1,216-$1,836 for one—through three-bedroom units.
The Goldman Sachs Campus at NorthEnd, just half a mile away, is slated to open in 2027. The campus is expected to house 5,000+ employees, fueling demand in the area.Â
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