The deal didn’t include the project’s retail space. The Dallas-based company is currently building another complex next to it.
Suzanne Fanch is shaking things up with Center Strength Studios.
Funds will be used to nearly triple the size of Lightning Systems’ facility and hire additional employees.
C Squared Ciders’ rent increased 150 percent in four years, according to owner.
The Golden Triangle “lacks a center of gravity,” according to Joe Vostrejs. “The school is just such a perfect opportunity to make that happen.”
All the units are studios, ranging from 369 to 849 square feet, according to the complex’s website.
The new ownership group involves Jon Ratner, a former executive with Forest City Realty Trust.
It will be the brand’s fourth location.
The five-bedroom, 10-bathroom home sits on 2.3 acres.
“The primary mission of the post is to assist vets,” the commander of Post 2461 said. “Our mission will continue with or without an actual building.”