DALLAS--Venture Commercial Real Estate's investment sales team has completed the sale of a 7,400-square-foot single-tenant net-leased property located along the State Highway 121 corridor in The Colony.
"We are pleased to have found the right buyer who will benefit from the explosive development along State Highway 121 in The Colony," senior vice president Don Miller told GlobeSt.com. "With the recent announcement of JP Morgan Chase's 800,000-square-foot campus at the Tollway and 121, the influx of corporations, retailers, restaurants and entertainment venues continues to establish this corridor as a premier destination in DFW."
Methodist Urgent Care occupies the building located at 5151 SH 121, in front of Top Golf and across from Nebraska Furniture Mart's Grandscape development.
John Zikos, Jonathan Cooper, Christopher M. Gibbons and Don Miller of Venture's investment sales team represented the developer, NDC Holdings. Leonard Mazzone of New York-based Hamilton Mundy Real Estate Advisorsrepresented the buyer, an out-of-state investor.
"In this latest transaction from the investment sales team, we were able to capitalize on our in-depth knowledge of the property and market as well as our national contacts to surpass the seller's expectations," says Miller. "We are excited about our strong close to 2015 and our momentum going into 2016, as we continue to build a national platform."
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