Greysteel, a national commercial real estate investment services firm, has been named exclusive advisor and agent by Korca Realty Investments for the sale of Pioneer Creek Townhomes, a multifamily property located in Arlington, TX.

Greysteel Managing Director, Boyan Radic, Senior Director, Doug Banerjee, Investment Associate, Andrew Mueller, and Junior Investment Associates, Ryan Hill and Andrew Hanson, based in the Company’s Dallas-Fort-Worth office, are marketing the property.

Pioneer Creek Townhomes, located at 600 West Pioneer Parkway, totals 214 one-, two-, and four-bedroom units. Within a half-mile radius of the property are numerous retail and restaurant options including CVS Pharmacy, Wingstop, La Michoacana Meat Market, Chase Bank, Main Street Café, and Big Lots. Less than two miles away are The Parks at Arlington Mall and the Arlington Highlands shopping center, making the property an ideal residence for those looking to live within walking distance of a plethora of shops and eateries. The multifamily property is conveniently situated near numerous city attractions such as AT&T Stadium, Globe Life Park, Arlington Convention Center, Six Flags Over Texas, and Hurricane Harbor as well as the University of Texas at Arlington. Commuters looking for access throughout Arlington and the Dallas-Fort Worth markets benefit from the close proximity to Interstates 20 and 30, Highway 360, and President George Bush Turnpike.

"Pioneer Creek Townhomes is one of the last remaining true value-add apartment communities in this growing submarket," said Mr. Radic. "The immediate neighborhood has seen a resurgence in recent years as new owners completely transform multifamily and retail properties into desirable, centrally located, cash flowing assets. We expect to generate a great deal of interest in this offering due to the level of value still at play for new ownership,” he added.

About Greysteel:

Greysteel is a commercial real estate and capital markets services firm with seven offices located in Los Angeles, CA; Washington, D.C.; Baltimore, MD; Philadelphia, PA; Dallas, TX; Fort Worth, TX. Greysteel serves and advises private and institutional real estate investors and developers in the marketing, sale, and financing of private capital and middle-market real estate assets. www.greysteel.com