CBRE Sells 173k SF Of Office In Double Deal

CBRE facilitated the sale of two office properties from Myers & Crow to The Aztec Fund for an undisclosed price. Lakeside II Office Center (top image) in Lewisville is nearly 81k SF and Dominion Legacy Office Center (bottom image) in Plano is about 92k SF, giving the combined assets more than 173k SF.

The Aztec Fund acquired the assets for an undisclosed price. CBRE’s Gary Carr, Eric Mackey, John Alvarado, Jared Chua, Robert Hill and Pete Van Amburgh arranged the transaction on behalf of Myers & Crow.

Both properties are fully leased to single tenants—which are likely very happy thanks to the above-average parking ratios. Lakeside II is fully leased to a regional service center of Teachers Insurance and Annuity Association of America. Dominion Legacy serves as the global corporate HQ of CompuCom Systems.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Dallas-Fort Worth Newsletters
Related Stories

Tishman Speyer Lining Up $340M Refi Of 2.4M SF Chicago Office Complex

Dutch Office Investment Leaps — But The Conversion Play Runs Out Of Road

Developers To Bring 83K SF Industrial Project To Colleyville: The DFW Deal Sheet

Efficiency, Speed And Experience: What CRE Needs To Know About The New Texas Business Courts

Cross Ocean Partners, Fuller Realty Acquire 829K SF Houston Office Campus

Developers Eyeing Dallas' 50-Mile Trails Loop For Uptown-Like Opportunities

NYC Office Investor Warns It Could Go Under As Defaults Pile Up

Deutsche Bank Takes 5 Floors At Oaktree And Quadrant's Canary Wharf Scheme

How Addison, Texas, Upholds Its Regulatory Standards And Keeps Building Projects Moving Forward

Coconut Grove Office Flipped For $15M Gain After One Year

D.C.'s Office Market Is Getting A Makeover

Dallas-Based White Rose Partners Seeks To Build Data Center In Prosper