Stockdale Buys Design District Luxury Showroom

The ink’s still drying on Stockdale Investment Group's hot purchase of The International on Turtle Creek, a 155k SF, seven-acre property in the Design District that houses high-end home décor retailers Allan Knight, Tufenkian Artisan Carpets and Couristan.

Its prime location—minutes from Downtown, the American Airlines center, the Riverfront area (being redeveloped as part of the multimillion-dollar Trinity River Corridor Project) and more—sweetened the deal.

Stockdale CEO Ken Pratt tells us all the activity within the Design District, including the Virgin Hotel underway within a block of the International, drew his attention, and he expects the International to be a large part of the vibrancy. The property fits Stockdale's overall strategy of owning, managing and leasing high-value Class-A assets in key urban centers.

Terms of the deal are undisclosed. But Ken reveals Stockdale was invited to the table by JLL's Adam Howells (who was marketing The International for seller Jim Lake Cos) due to its success with other properties.

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

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

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

Nike Closes 15 Stores Amid Tumultuous Year

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

The Fast-Food Exec Taking Her Real Estate Talents To The Looksmaxxing Era

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

TJ Maxx Parent Plans To Accelerate Store Openings In 2027

Ashley's Frasers Sets £20B Real Estate Acquisition Target

Food And Beverage Increasingly Becoming Anchor In Mixed-Use Projects

Kidder Mathews Establishes First Texas Office In DFW, Adds 6 New Brokers

Jackson-Shaw Breaks Ground On Huge Industrial Park In Denton: The DFW Deal Sheet