The Clusters in Midland, Texas

Institutional Property Advisors Brokers Sale of 352-Unit The Clusters in Midland, Texas

by Channing Hamilton

MIDLAND, TEXAS — Institutional Property Advisors, a division of Marcus & Millichap, has arranged the sale of The Clusters, a 352-unit asset in Midland. Churchill Forge acquired the asset from an out-of-state partnership. IPA’s Will Balthrope and Drew Garza, in conjunction with Tommy Lovell and Richard Robson of Marcus & Millichap, represented the seller and procured the buyer. Built in 1982 on 14 acres, The Clusters offers amenities such as basketball, racquetball, volleyball and tennis courts, walking trails and a pool. Units feature washers and dryers, fireplaces and a balcony or patio.

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