Jefferson LasCo., a 422-home mid-rise multifamily community, recently sold to Pacific Life.
IRVING, TX—JPI developed and built Jefferson LasCo. in 2018 in Las Colinas' Urban Center. The 422-home mid-rise multifamily community recently sold to Pacific Life for an undisclosed price, according to JPI.
“If you live in North Texas, you've probably noticed the explosive growth Las Colinas has undergone over the past few years,” said Matt Brendel, division president and managing partner for JPI's central region. “Las Colinas is thriving. Given the addition of recently constructed entertainment venues, new restaurants and retail stores, as well as significant corporate relocations, it's easy to see why. Even with such impressive growth, this only marks the beginning for Las Colinas. The buyer, Pacific Life, agrees and sees a true competitive advantage for Jefferson LasCo.”
Jefferson LasCo. overlooks the Campion Trail and is located near the Toyota Music Factory, the Las Colinas Urban Center DART rail station and Lake Carolyn.
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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.
