Discover Multifamily, a Texas-based real estate investment firm, 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 at Ross and Lamar 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.
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.
Discover Multifamily (DMF) is a Texas-based, real estate investment firm. We acquire underperforming multifamily assets in high-growth corridors experiencing strong economic, rent and occupancy tailwinds. Leveraging DMF’s proprietary data analytics platform, we seek to acquire properties that will produce superior risk-adjusted returns for our investment partners.
Founded in 2009, Edge Realty Partners is a leading commercial real estate firm providing national brokerage, development and investment sales services. With offices in Austin/San Antonio, Dallas/Fort Worth, Houston and Phoenix, the Edge platform exclusively represents more than 250 tenants and over 10 million square feet of commercial space, $1.5 billion in development experience and offers over $6 billion in investment sales experience.
The Rainier Companies was founded in 2003 as a commercial real estate investment firm with a mission to invest strategically across all product classes in the US.
