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DALLAS-Eight investors team to buy the 194-unit Woodside Apartments and 118-unit Bridle Path from separate sellers. One deal's done; the other one closes this week.
DALLAS-Chicago Title, with four aggressive offers to weigh, keeps keys to the 17th floor or 26,203 sf of class A office space in the CBD's Bryan Tower.
DALLAS-On closing day, Advenir renames Heights of Lake Highlands and jumps into a $1.8-million renovation. The buyer is holding another contract in its bid to buy 4,000 units.
HIGHLAND PARK, TX-CWS Capital unveils the 55-unit Cambridge of Highland Park to the market. Buying the asset earlier this year, CWS expects it will take two years to sell out.
CARROLLTON, TX-Argus takes 801,142 sf in seven buildings at Billingley's International Business Park. The deal includes a preferred equity stake from the seller and an eighth building.
DALLAS-The good news is Dallas/Fort Worth's absorption is keeping pace with completions. The question is will it continue since there is roughly 16 million sf still rising.
FORT WORTH-Prescott Realty buys Summit Office Park from Klabzuba. A $21-million loan and $5.6 million of additional good news money seed the buyer's return to the city.
DALLAS-A private investor from Los Angeles gets his first real estate in the region, the 83%-leased Northlake Doctors Building, as he shops for more office and retail to buy.
ARLINGTON, TX-King Properties buys a neighbor, the 186-unit Misty Ridge Apartments. By meeting the $11.2-million ask, King also gets the 144-unit Riverfall in Dallas.
DALLAS-Experts say the sector will make unprecedented gains despite the financial markets' turmoil. Deals will take longer to close, but qualified buyers will cross finish lines.