Announcing MacNaughton’s Acquisition of Hazel by the Galleria in North Dallas, Texas

exterior image of Hazel by the Galleria

13100 Noel Road Partners LLC, an affiliate of MacNaughton, today announced the successful acquisition of Hazel by the Galleria, a premier 398-unit luxury rental community located in the vibrant Galleria neighborhood of North Dallas, Texas. This marks the fourth recent project of MacNaughton on the U.S. continent. 

This strategic purchase spearheaded by MacNaughton was completed with the valued participation and partnership of Keihanshin Building America Co., Ltd. and Kintetsu Real Estate Company of America.   

The community located at 13100 Noel Road, offers floor plans ranging from studios to one- and two-bedroom units across five- and six-story buildings. Its prime location situated at the intersection of the Dallas North Tollway and I-635, provides residents with sub-15-minute access to Dallas’s most prominent employment hubs, including Uptown, Preston Center, Las Colinas, Legacy, and the Telecom Corridor. The property’s appeal is further driven by its direct adjacency to Galleria Dallas, a 1.5 million-square-foot premier retail destination, as well as its excellent proximity to other premier retail and cultural destinations. The development is highly amenitized, allowing residents to enjoy an array of elevated lifestyle offerings right in the comfort of their own community. These elevated offerings also allow community members to engage with one another, supporting higher demand and retention of its residents. 

Hazel by the Galleria achieved standout lease-up traction, reflecting its quality design and strong appeal among residents. 

"Hazel by the Galleria represents an exceptional opportunity to invest in one of Dallas' most sought-after neighborhoods," said Ian MacNaughton, President and CEO of MacNaughton. "We look forward to continuing the property's success as a top-tier residential community that delivers a highly-amenitized lifestyle to its residents." 

Designed to cater to a broad mix of residents, from young professionals to “free birds” (aka empty nesters), the community provides a refined living experience with an extensive collection of lifestyle-driven amenities. These amenities include:

  • Approximately 3,000 square feet of co-working space with private offices, conference rooms, and a coffee bar. 

  • A resort-style swimming pool, sauna, and steam rooms. 

  • A state-of-the-art fitness center with a yoga studio. 

  • A pet spa, two on-site parks, and an outdoor lounge with a fireplace and kitchen. 

  • A grab-and-go market. 

Residences feature high-end finishes, such as: 

  • Stainless-steel appliances and French-door refrigerators. 

  • Quartz countertops, under-cabinet LED lighting, and full-height backsplashes. 

  • Luxury vinyl plank flooring and frameless glass showers in bathrooms. 

  • Fixed kitchen islands in most units, and private yards in select residences. 

This acquisition of Hazel by the Galleria marks the fourth recent project for MacNaughton on the U.S. continent, underscoring the firm’s expanding investment strategy across key growth markets. The three preceding projects on the U.S. continent have included the acquisition of Keelson Ballard (a 105-unit multifamily community) in Ballard, Washington which MacNaughton subsequently rebranded to Ellinor Ballard; the acquisition of Elm Row (a 191-unit multifamily community) in Portland, Oregon for which MacNaughton is currently executing a property improvement plan; and a joint venture with Quarterra Multifamily Communities, a wholly owned subsidiary of Lennar Corporation (NYSE: LEN) for the ground-up development of a mixed-use, 796-unit multifamily community featuring a vibrant retail podium and extensive amenities and services adjacent to the University Village shopping center in Seattle, Washington. which broke ground in October 2025.  

MacNaughton is proud to advance its fifteen-year investment strategy in multi-family assets across the U.S. continent, while continuing its fifty-year legacy of investing in retail, luxury condominium, hotel, and multi-family projects in Hawai‘i.  

Katie Kaanapu