An LBJ Freeway office tower has sold to a group of local and out-of-state investors. The 10-story Meridian office building at 2711 LBJ Freeway in Farmers...
An LBJ Freeway office tower has sold to a group of local and out-of-state investors.
The 10-story Meridian office building at 2711 LBJ Freeway in Farmers Branch was built in 1980 with almost 250,000 square feet of space.The building sold to investors including Hudson International Group of New York and Dallas’ Maitland Management. It is valued for taxes at more than $16 million.The Farmers Branch building sale adds to a growing list of transactions with Dallas-Fort Worth office properties.
A series of recent office sales of buildings in Addison, Plano and Las Colinas are adding to the number of these transactions. Office building sales slowed to a trickle during the early days of the pandemic but are now picking up. In 2021, the D-FW area was the country’s top market for commercial property investment with almost $47 billion in transactions.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How can retail investors help regulate the market? Become a FINRA arbitrator.How can retail investors help regulate the market? Become a FINRA arbitrator. Former SEC branch chief Lisa Braganca explains what FINRA does for the industry and how retail investors can become arbitrators for the self-regulatory organization. WATCH:
Read more »
Plano business campus goes to Philadelphia investorA Philadelphia investor has snapped up a Plano business campus. Built in 1999, the almost 30-acre office property is on Headquarters Drive, east of the Dallas...
Read more »
AMC, GME and meme stocks are back in the spotlight --- How will professional traders handle it this time around?Retail investors are fueling a renewed surge by meme stocks, but professional investors appear better prepared, says a firm that tracks individual investor...
Read more »
3 armed men rob Near West Side bank: Chicago policeA Near West Side Chase Bank branch on Ashland was robbed by 3 armed men, Chicago police say.
Read more »
From Russia with money: Silicon Valley distances itself from oligarchsSilicon Valley investors with ties to Russia are now distancing themselves. Documents obtained by The Post show one investor touted her connections to oligarchs.
Read more »
Channing Tatum Talks 'Wild' 'Magic Mike 3' and 'The Lost City's WigsThe actor told ET that the third film is going to 'go big.'
Read more »