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Sunwest Nabs Two Foreclosed Office Assets

DALLAS-The local buyer has acquired two office buildings totaling 177,000 square feet from Midland Loan Services.

By Jennifer Duell Popovec | Updated on May 12, 2010

DALLAS-Sunwest Real Estate Group has acquired two office buildings totaling 177,000 square feet from Midland Loan Services, a CMBS special servicer.

Prior to being taken back by Midland Loan Services, the class B- properties were owned by a tenant-in-common investor group syndicated by Rainier Capital Management of Dallas. The 1970s-era buildings are located on Central Expressway near Walnut Hill Lane at 10300 North Central Expy. and 10260 North Central Expy.

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