[shivtim]

Trammell Crow affiliate aims to redevelop languishing Midtown site

An affiliate of Dallas-based Trammell Crow Co., a subsidiary of CBRE Group Inc., has an agreement to buy the 4-acre site at 98 14th Street, according to multiple sources with knowledge of the deal. The property, known for the failed “Opus Place” development, was foreclosed upon last year.

High Street Residential, a division of Trammell Crow, may pursue a multifamily project, one of the sources said.