July 2018, Dallas, TX — SVN | Dunn Commercial, a full-service commercial real estate brokerage firm and part of the SVN® brand, is pleased to announce the recent sale of a 3-Building 59,329 SF property in Northeast Dallas. The acquisition included a short-term leaseback.
Dan Morris and Lee Wandel of SVN | Dunn Commercial represented Double-R in the transaction, Collier’s International represented the Seller, Gavron Inc. The property is a flex office/industrial space and the acquisition is an exciting investment for Double-R Capital Management.
“The combination of in-place cash flow along with the future vacancy lease up at market rates make this a great value acquisition for Double-R to add to its existing portfolio. In this market, at the acquisition price, it was easy to see the tremendous up-side this property has.” said Dan Morris Senior Advisor
For more information on SVN Dunn Commercial or assistance with your commercial real estate needs, please check out our website, give us a call at 817-640-9964 or visit us at 1202 Corporate Drive West, Arlington, TX 76006.