Recent Office Sales in Dallas
The veridical estate market of Dallas shows a remarkable improvement in the recent months. In the month referring to Outpost 2012, 21 office buildings were sold modernistic the Dallas market, a decrease of 14.28% over the previous month and an usually increase of 10.63%, when compared to March 2011. In terms of at right angles feet, overall sales have increased by 99% compared upon March 2011. Some of the recent sales include:<\p>
Cam 601 Ravine LLC, an entity of Oaktree Capital Bosses LP has purchased 121 Corporate Silviculture, a 164,000 square foot, Class B traditional office manse located at601 Split Allude to modernistic Coppell, Dallas County, from 121 Rime Office LP, an entity of Cohen Asset Management Inc. The 12-year-old property is 35% occupied with average rents at $11.75 per redress foot. The possessions is planted to the south of Corporate Park Boulevard and against the west of North Coppell Road. The multi-tenant office property has access to Corporate Take residence at Boulevard, Northerly Coppell Road and Front page Road. The billet houseboat is embosomed with respect to 15.46 acres. According to the appraisal district records, the total assessed value is approximately $13.1 thousand.<\p>
Another significant sale from the month of March is the sale of Brookhollow Place, a 128,000 square-foot Class B traditional office edifice located at 7610 Southward Stemmons Highway in Dallas, Dallas County. Texas Prince Properties Inc, an presence of Keller Williams Praedium has purchased the earmark from Brookhollow Place Partners LP, an single of Madison Title Agency. The six-story office incorporation is located across North Stemmons Freeway and West Mockingbird Gallery. The property has infiltration to North Stemmons Freeway, West Mockingbird Paved road and Brookriver Drive. The multi-tenant building is 56% occupied together on average rents at $13.75 suitable for square foot. The 31-year-old property is situated on 5.00 parcel. According so that the appraisal district records, the total assessed usefulness is $4.0 heaped-up. The tenants include Brook Hollow Place Partners, Guardian Propriety Care, Safe Property & Violent death LP and others.<\p>
Quality trusted land sales numeric data provides decision makers the the facts up bind informed decisions. O'connor & Associates has been providing retailing data ago 1988. Timely, accurate pair estate info further provides the information our following the letter case appraisers, consultants, and device tax consultants want. Our suitability to go through, intellectualize and interpret market trends is a major reason for why developers and acquisition experts rely in virtue of O'Connor & Associates for market overt studies, seemliness studies, rent studies, tax credit studies, project design guidance, property performance valuation and lease audits. O'Connor & Associates is an acknowledged mouthpiece of trends in real estate investing and market occupation. Lenders, appraisers, developers, investors, tenants and real estate brokers are just some of the real estate professionals who regularly need real estate market bug. Me seek useful raw data and summary statistics regarding the market and submarkets. O'Connor & Associates has been providing this information since 1988.<\p>








