Westmount at the Colonnade has 192 units on an 11.19-acre site with an average of 17 units per acre.
GRAND PRAIRIE, TX—Westmount Realty Capital LLC acquired Westmount at the Colonnade, a class-A garden-style apartment community located at 2815 Osler Dr., in 2015. Westmount undertook a $1.4 renovation to update and modernize the community prior to its recent disposition.
“Westmount provided modern amenity offerings, exterior upgrades and unit interior upgrades including lighting and plumbing fixtures, cabinetry, countertops, appliances, brushed nickel accents and faux wood flooring,” said Brant Brown, CFO and COO for Westmount. “These renovations allowed the property to remain competitive and maintain a 93% occupancy rate.”
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
