The RE/MAX ONE Commercial Division just completed the sale of a 5-acre tract on North Major Drive adjoining the Eagles Landing apartment complex. This tract is in close proximity to the new Northwest Parkway which connects to Old Downland Road and Parkdale Mall. The property was purchased by Brownstone Companies which is a leader in multi-family development and construction. Ryan Harrington represented the seller in the transaction and the buyer was represented by Coldwell Banker Commercial Arnold and Associates.
More about Brownstone
The Brownstone companies are leaders in multi-family development and construction.
In 1971 William “Bill” L. Brown formed his first real estate company. Over the past 45 years Bill’s companies have planned, developed and/or constructed over 16,000 housing units. Since 2005 over 10,000 of those units have been planned, developed and/or constructed in partnership with Bill’s three sons (Jed, Doak & Wil) valued at over $1 billion dollars.
In 2018, an in-house property management company was formed to ensure that the Brownstone portfolio of properties receives the very best property management services available. By the close of that inaugural year Brownstone Residential, LLC was managing 26 properties totaling more than 1,800 units. An additional 454 units will be added by the end of 2020.
The Brown family members have worked diligently to create a team of real estate professionals for development, construction and property management. The Brownstone companies are served by capable project managers, construction managers, project superintendents, and office staff. The complete group of partners, employees and consultants bring extensive experience and broad knowledge to the Brownstone companies.
