El Paso's Palomar West apartment community trades in off-market sale 

DALLAS, June 17, 2026 –  JLL Capital Markets announced today that it has secured the successful sale of Palomar West, 248-unit apartment community in El Paso, Texas.

JLL worked on behalf of the seller, Saxony Capital Management. 

Palomar West is strategically located at 535 S. Mesa Hills Dr. in the desirable western portion of El Paso. The property sits on 10.65 acres, providing residents with a tranquil single-family residential neighborhood setting highlighted by lush landscaping, spacious green areas and scenic views of the Franklin Mountains.

The immediate area benefits from a strong retail presence highlighted by Sunland Towne Centre and The Shoppes at Solanna. Palomar West is less than two miles from premier retailers including the only Whole Foods, Alamo Drafthouse and Top Golf in El Paso. Other neighboring retail includes the 500,000-square-foot Cabela's-anchored West Towne Marketplace, Target, Best Buy, Dick's Sporting Goods, Walmart Supercenter and Sprouts Farmers Market.

El Paso is the sixth largest metropolitan area in Texas and the 22nd largest city in the U.S., with a population of nearly 883,400. The city benefits from a diverse economy fueled by the University of Texas at El Paso, Fort Bliss Army Base, robust international trade activity and its sister city of Juarez, Mexico. When combined with Juarez, the El Paso metro has a total population exceeding 2.7 million people.

Built in 1986, Palomar West offers a mix of one- and two-bedroom floor plans averaging 701 square feet. The property features a sparkling saltwater pool, hot tub, fitness center, resident clubhouse and convenient access to Interstate 10. 

JLL Capital Market’s Investment and Sales Advisory team representing the seller was led by Managing Director Steven Hahn Jr., Senior Director Art Barnes and Vice President William Jennings.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

For more news, videos and research resources, please visit JLL’s newsroom.

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of March 31, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.