COLLEYVILLE, TX--SC 16 Village Lane Investment LLC has acquired a 12,000-square-foot mixed-use building from Irving-based Realty Capital Management LLC.
Located at 16 Village Lane in Colleyville, the building is part of the larger 26-acre mixed-use project The Village at Colleyville, which was developed by Realty Capital in 2002.
“16 Village Lane has been a stabile income producing asset over the last ten years with a nice collection of service retail and office tenants,” Jimmy Archie, managing director of Realty Capital Management, told GlobeSt.com. “We found a local buyer and management group interested in purchasing the property and we felt the time was right to sell the asset.”
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