JLL Closes Sale of Apartment Property in Rio Grande Valley

24 October 2019

SAN ANTONIO – JLL announced today that it has closed the sale of Tulane Apartments, a 64-unit apartment property in Brownsville, Texas.

JLL and ICO Commercial represented the buyer, Brugge Properties, in the purchase of the property from Tulane Properties, LLC.

Tulane Apartments consists of 64 one-bedroom units sprawled on 2.55 acres in Brownsville, the largest city in the Rio Grande Valley, along Highway 69, the main arterial highway that connects the region. This garden-style, two-story property offers residents a total of 54,234 square feet of living space.

The JLL Capital Markets team representing the buyer was led by Executive Vice Presidents Moses Siller and Zar Haro.