DALLAS-In an auction held by REDC on Saturday, 35 high-rise condos at The Metropolitan in Dallas were sold off. The auction was held in downtown Sheraton. According to REDC, the condos sold at an average price of $177,419.
These condos were previously listed in the market for prices between $150,000 and $334,000. The Metropolitan, located at 1200 Main St. in Dallas, underwent renovations worth $50 million before it was converted from an office high-rise. For the full story, go to Dallas Business Journal.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
