MIAMI – June 22, 2023 – Danielle Gonzalez, a Real Estate Practice shareholder in the Miami office of global law firm Greenberg Traurig, P.A., represented Switzerland-based Empira Group in its acquisition of a multifamily residential development site in Dallas.
Empira’s acquisition in Dallas is part of its broader U.S. expansion strategy that began in Miami, where it has acquired two multifamily development sites in the past year with Greenberg Traurig’s assistance.
Empira, an institutional real estate investment firm, acquired the 1.1-acre site at 711 N. Pearl Street in Dallas with plans to build a high-rise consisting of 375 market-rate apartments and 7,300 square feet of ground-floor restaurant space. The site is strategically located three blocks from the Dallas Arts District, in the heart of the city’s urban core.
“Greenberg Traurig is excited to support Empira’s expansion in Dallas with this state-of-the-art development, which will provide new housing options within walking distance of museums, shops, restaurants, parks, and job centers,” said Gonzalez, who oversaw all aspects of deal structuring, negotiating, and transaction management on behalf of Empira. “Greenberg Traurig’s global platform and collaborative culture enable us to consistently deliver the service that clients like Empira need to grow and thrive in an evolving economic environment. We look forward to supporting Empira’s continued expansion to key markets across the United States.”
Gonzalez was assisted on the transaction by a multi-practice team of Greenberg Traurig attorneys in Chicago, Dallas and Miami, including Real Estate Shareholder Sean W. Bezark, Tax Shareholder Labry Welty, Associates Kathryn Corral and Shivani Rumalla, and Practice Group Attorney Theresa K. Bowley.