JPI announced today the sale of Jefferson Landmark, a 324-unit luxury award-winning community, to Beachwold Residential. Recognized as the “Best Architectural Design: Multifamily” in 2019 by the Dallas Builders Association, Jefferson Landmark is located in the heart of endless retail, restaurant and entertainment options right off of the Dallas North Tollway and close to the Galleria, Prestonwood Town Center and Village on the Parkway.
As Dallas continues to attract new residents and grow at an exponential rate, Jefferson Landmark provides luxury living for residents seeking a live, work, and play lifestyle. Opened in 2018, this 294,000 square-foot property sits on four acres just west of the Dallas North Tollway near Spring Valley. Property amenities include luxury finishes, an infinity-edge pool with seating and TV lounge, a 24-hour mini market, rooftop outdoor deck, lush courtyards with gas pizza oven, controlled access, keyless unit entries and 10-20’ ceilings.
Beachwold Residential controls 60 apartment communities with over 15,000 units in Connecticut, Texas, Florida, Georgia, Virginia, New Jersey and Tennessee. The purchase of Jefferson Landmark adds to the company’s growing presence in the Dallas-Fort Worth area, where they operate over a dozen properties.
“It has been a pleasure to work with Beachwold on this transaction,” said Blake Taylor, senior vice president and regional development partner. “They are a best-in-class organization and have worked tirelessly alongside the JPI team to ensure the transaction ran smoothly from start to finish. We could not be happier to pass on this community to their capable team.”
