CBRE Represents Price Development Group in Sale of Broadstone Colonnade in San Antonio

The Broadstone Colonnade apartment complex was sold to an anonymous buyer for an undisclosed price. The seller, Missouri-based Price Development Group, has been represented in the transaction by CBRE Capital Markets through Charles Cirar, Ryan Epstein, and Michael Wardlaw.

Missouri-based Price Development Group sold The Broadstone Colonnade apartment complex, represented in a deal to an anonymous buyer by CBRE Capital Markets through Charles Cirar, Ryan Epstein and Michael Wardlaw.

The 282-unit, Class A multifamily asset is located at 4330 Spectrum One, and offers one-, two- and three-bedroom units, available in eight different floor plans. Sitting in northwest San Antonio, Broadstone Colonnade is close to employment centers, restaurants, retail and healthcare.

Apartment amenities include designer track lighting in the kitchens and dining rooms, private balconies and patios with extra storage, and glass-enclosed walk-in showers or oval garden tubs. Community amenities feature a swimming pool with fountain, a fitness center, a cabana area with grills and outdoor dining, an indoor basketball court and a cyber lounge with computer stations. Major renovations have been completed in the past two years, including new roofs, exterior paint, gutters and window screens.