Northmarq’s San Antonio office brokers sale of Stratford Place in Victoria, Texas
SAN ANTONIO, TEXAS (August 16, 2022) – Moses Siller, Zar Haro, Phillip Grafe, and Bryan VanCura of Northmarq’s San Antonio investment sales office, secured the sale of Stratford Place. The 110-unit multifamily property (built in 1980) is located at 3207 East Airline Road in Victoria, Texas. Northmarq represented the seller, 3CM Multifamily, in the sale.
“The seller was a repeat client who trusted Northmarq to execute on a quick and efficient result. The buyer recognized Stratford’s potential and moved at the opportunity to continue to scale their portfolio on a deal with tremendous upside in the growing coastal Victoria market,” said Siller.
Consisting of 10 buildings, Stratford Place is a 2-story apartment community situated in Victoria, Texas. The property is in a prime location, within minutes of the Victoria highway system which connects to Houston, San Antonio, Austin, Corpus Christi. Community members of Stratford Place are offered large spacious units and affordable living. The Victoria Mall is within five miles of the property, presenting a plethora of shopping and dining opportunities. Also offering easy connectivity to the surrounding schools and major employers.
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Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.
