"Fairfield is a great buyer," Timothy Bennett, president of Bennett Realty Group, tells GlobeSt.com. "They do what they say they are going to do." Fairfield Residential, also a California-headquartered operation, is one of a half dozen multifamily developers that has completed multifamily projects in the Euless development.
Bennett says the Villages of Bear Creek is boasting a mid-90% occupancy. The project is located at the intersection of Interstate 360 and Texas 183.
The latest Fairfield Residential signing will put Bennett Realty in a position to focus on actively marketing 200 acres for a master-planned retail lifestyle center. Bennett says that task is still in the "preliminary" stages, but he will let GlobeSt.com know when a deal starts to unfold.
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