GlobeSt.com Names Design District MF Development Hotspot

Dallas Design District Multifamily Properties

February 11th, 2011 by Jennifer Smart

PM Realty Group’s recent ground breaking on 1400 Hi Line, a 23-story, mixed-use project, has further proved the Dallas Design District’s status as an emerging multi-family development hotspot. In a recent article from GlobeSt.com, Will Balthrope, a senior director with the Balthrope Group of Institutional Property Advisors, a Marcus & Millichap Co. was quoted saying:

“Of all the submarkets in Dallas to invest in, many institutional apartment investors believe the Dallas Design District has the most upside for potential rent growth in the future. It is truly an up-and-coming, urban infill location.”

Read the rest of the article, Design District Emerges as MF Development Hotspot, at GlobeSt.com.