DALLAS--CBRE Capital Markets' Investment Properties has brokered the sale of a vacant, 24,000-square-foot office building in Dallas.
Avial Hotels, a subsidiary of Blue Star Hospitality, purchased the building from Decker Development for an undisclosed price, and plans to redevelop the site for a national-brand hotel.
David Glasscock, with CBRE's Dallas office, represented the seller and Ryan Patterson, with Texas Hotel Brokers, represented the buyer.
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.