HOUSTON-California-based MIG Real Estate has purchased Pine Creek Ranch, a 240-unit complex at 3600 College Park Drive in The Woodlands.

The Houston Chronicle says the deal is part of the company's strategy to invest in the hot Houston residential real-estate market. Last year, MIG purchased the Estates of Willowbrook, formerly the Wynhaven at Willowbrook apartments, the paper says.

Pine Creek Ranch is located on 12 acres on College Park Drive east of Gosling Road. It is about five miles from the Cynthia Woods Mitchell Pavilion and the Market Street retail center.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.