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Completed Sale Transactions
| 2707-2727 Southlake Blvd. - Southlake, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$8,400,000 |
Multi-Tenant Retail |
100% 51,700 |
2003 10.44% |
|
| C-III R.E.O. 2011 Special Servicer Sale. Cook's Children Medical Center occupies 62% of property California | Israeli Buyer with in place 20% Cash-On-Cash Return and a 5 Year IRR of 29.65%. | ||||
| 2950 West Camp Wisdom Road- Grand Prairie, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$1,700,000 |
Multi-Tenant Office |
100% 6,652 |
2009 8.53% |
|
| Medical Office with Baylor Health Care and Columbia HCA Healthcare as anchor tenants bought by Private Trust out of Hawaii with a 24.36% 10 year Internal Rate of Return closed in August 2012. . | ||||
| 1509 South Broadway, Edmond (OKC), Oklahoma | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$1,698,000 |
Multi-Tenant Retail |
100% 3,898 |
2003 9.00% |
|
| Hawaii-based Family Trust acquisition in 2011 on an all-cash basis predicated upon an 18% IRR. Lease expiration was within 24 months but property was in a superior location in Metro Oklahoma City. | ||||
| 2628 Long Prairie Road - Flower Mound, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$3,391,000 |
Multi-Tenant Retail |
100% 18,763 |
2000 10.9% |
|
| This property was sold in December of 2010 and 100% occupied when sold. This multi-tenant property was anchored by Wells Fargo Bank and Fish City Grille and was sold to a California Investor. | ||||
| 2616 Long Prairie Road - Flower Mound, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$3,739,000 |
Multi-Tenant Retail |
100% 19,718 |
2000 10.2% |
|
| This property was sold in November of 2011 and 100% occupied when sold. This multi-tenant property was anchored by the 2nd phase of the Wells Fargo-anchored center and sold to a California Investor. | ||||
| 145 W. FM 1382- Cedar Hill, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$2,850,000 |
NNN Retail |
100% 8,930 |
2009 9.43% |
|
| This strip retail property was sold in September 2010 at full list price with 2 NNN tenants, Verizon and Sears Applliance, and was located on a strategic out-parcel of the Uptown Village at Cedar Hill Mall. | ||||
| 940 South Kimball - Southlake, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$2,500,000 |
Office Flex |
82% 15,890 |
2008 8.50% |
|
| This property was sold in July of 2010 to a Hong Kong-based family trust and was 82% occupied at the time of sale. There were two property tenants who had 5 year NNN leases on the property. |
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| 702 E. Denman - Lufkin, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$1,110,000 |
GSA-SSA Office |
100% 12,804 |
2006 8.67% |
|
| This property was sold as a "Short Sale" in November of 2011 and was 100% leased on a gross leased basis to the Social Security Administration with two years remaining on their primary lease . |
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| 2901 Victory Lane - Brenham, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$1,354,000 |
GSA-SSA Office |
100% 5,673 |
2006 8.67% |
|
| This property was sold in October of 2009 and was 100% leased on a gross leased basis to the Social Security Administration with eight years remaining on their lease. |
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| 12 Properties DFW MetroPlex | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$48,000,000 |
Office Flex & Industrial |
65% 750,000 |
1979-1985 6.25% |
|
| Property acquired in 2007 & 2008 in a 12 package portfolio sale. Occupancy when purchased was 65% when purchased. | ||||
| 1600 East Pioneer - Arlington, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$4,500,000 |
JP Morgan Chase Multi-Tenant Office |
77% 80,990 |
1980 12.68% |
|
| Property acquired in October of 2008 with a purchased at a 77% occupancy level with a deferred maintenance estimate was $600,000. |
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| 701 East Stassney Lane - Austin, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$3,120,863 |
Free-Standing Retail |
100% 8,060 |
2003 6.84% |
|
| This NNN deal was closed in October of 2008. | ||||
| 2033 Chenault Drive - Carrollton, Texas | ||||
|
Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$4,137,664 |
Office Flex |
63% 57,465 |
1980 12.68% |
|
| Property acquired on 11/1/2007 as part of a 12 package portfolio sale with a 63% occupancy level. |
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| 1475 Richardson Drive - Richardson, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$3,616,509 |
Multi-Tenant Office |
73% 42,238 |
1986 7.21% |
|
| Property acquired as part of a 12 package portfolio sale at a 73% occupancy level on 1/15/2008. | ||||
| 888 South Greenville - Richardson, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$3,954,785 |
Office Flex & Retail Flex |
66% 62,230 |
1981 5.00% |
|
| Property acquired as part of a 12 package portfolio sale at a 66% occupancy level on 2/2/2008. |
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| 2150-2156 Chenault - Farmers Branch, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$2,114,217 |
Multi-Tenant Warehouse |
66% 40,389 |
1982 7.88% |
|
| Property acquired as part of a 12 package portfolio sale at a 66% occupancy level on 1/10/2008. | ||||
| 13500 Midway Road - Farmers Branch, Texas | ||||
 |
Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$2,114,217 |
Office Flex & Retail |
72% 43,374 |
1974 6.73% |
|
| Property acquired as part of a 12 package portfolio sale at a 72% occupancy level on 12/31/2007. |
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| 10500 Metric - Dallas, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$9,692,070 |
Office Flex |
63% 200,502 |
1984 6.53% |
|
| Property acquired as part of a 12 package portfolio sale at a 63% occupancy level on 12/21/2007. | ||||
| 14240 Midway Road - Farmers Branch, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$3,201,222 |
Multi-Tenant Office |
32% 47,973 |
1979 1.92% |
|
| Property acquired as part of a 12 package portfolio sale at a 32% occupancy level on 12/21/2007. | ||||
| 13714 Gamma Road - Farmers Branch, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$1,210,753 |
Multi-Tenant Office |
53% 16,093 |
1983 2.68% |
|
| Property acquired as part of a 12 package portfolio sale at a 53% occupancy level on 12/21/2007. |
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| 1800 North Glenville - Richardson, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$5,536,699 |
Multil-Tenant Office Flex |
90% 76,282 |
1982 8.60% |
|
| Property acquired as part of a 12 package portfolio sale at a 90% occupancy level on 12/21/2007. |
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| 1651 Firman Drive - Richardson, Texas | ||||
 |
Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$1,251,553 |
Office Showroom |
0% 26,712 |
1981 13.00% |
|
| Property acquired at a 13% pro-forma cap as part of a 12 package portfolio sale at a 0% occupancy level on 12/21/2007. |
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| 10755 Sanden - Dallas, Texas 75238 | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$1,494,030 |
Office Flex |
100% 25,712 |
1984 6.00% |
|
| Property acquired as part of a 12 package portfolio sale at a 100% occupancy level on 12/21/2007. | ||||
| 1511 North Collins - Arlington, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$7,645,358 |
Office Flex & Industrial |
60% 128,106 |
1985 6.12% |
|
| Property acquired as part of a 12 package portfolio sale at a 60% occupancy level on 12/21/2007. |
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| 1511 North Collins - Arlington, Texas | ||||
 |
Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$3,450,000 |
Free Standing Retail |
100% 11,386 |
1991 6.50% |
|
| This was a NNN 20 Year Lease without a guaranty from master-franchisor or corporate parent. |
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| 4545 North Lincoln - Oklahoma City, Ok. | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$8,600,000 |
Multi-Tenant Office |
90% 286,587 |
1960 8.83% |
|
| This property was leased to the State of Oklahoma agencies on 1 year renewable leases when sold in July of 2006. |
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| 6660 First Park Ten - San Antonio, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$9,600,000 |
Office Flex |
73% 65,821 |
2000 8.90% |
|
| This property was 73% leased when contracted and 89% when closed in August of 2006. |
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| 1170 109th Street - Grand Prairie, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$2,950,000 |
Office Warehouse Manufacturing |
100% 92,500 |
1974 10.37% |
|
| This property was 100% leased to a single tenant who had 2 years remaining on their lease when sold in October of 2005. | ||||
| 1601-05 North Glenville - Richardson, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$3,409,070 |
Office Flex |
60% 109,970 |
1984 5.98% |
|
| This property was sold in June of 2005. Alcatel was a major tenant going to vacate the buildling resulting in a 38% occupancy. |
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| 2445 Midway Drive - Carrollton, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$1,825,000 |
Office Flex & Warehouse |
89% 28,752 |
1985 5.98% |
|
| This property was under duress sold in 3 property cross-collateralized deal in May of 2005 to an owner-user. | ||||
| 3033 Kellway - Carrollton, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$4,650,000 |
Multli-Tenant Flex |
100% 55,623 |
1985 9.90% |
|
| This property was under duress sold in 3 property cross-collateralized deal in May of 2005 to a 1031 Buyer. | ||||
| 515 West Campbell - Richardson, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$2,045,000 |
Retail Shopping Center |
86% 10,600 |
1985 7.33% |
|
| Occupancy was 85% at the time of the project purchase by a local investor. | ||||
| 1212 Coit Road - Plano, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$2,250,000 |
Office Flex & Industrial |
100% 12,197 |
1985 7.56% |
|
| This property is a medical professional building which was 100% occupied when sold. |
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| 150 Westpark Way - Euless, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$8,200,000 |
Multi-Tenant Office |
100% 74,057 |
1985 8.23% |
|
| This property was sold in December of 2005. The Wachovia Bank anchor lease was pending renewal at time of purchase. | ||||
| 1881 Sylvan Ave. - Dallas, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$2,765,000 |
Multi-Tenant Office |
100% 28,933 |
1958 8.25% |
|
| This property was sold in December of 2005. At time of sale a tenant occupying 25% of the building was pending. |
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| 5005 Royal Lane - Dallas, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$3,120,863 |
Multi-Tenant Office |
65% 750,000 |
1979-1985 6.00% |
|
| This property was sold in December of 2008. Numerous short term leases existed in the building. |
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| 101 W. Seminary Drive - Fort Worth, Texas | ||||
 |
Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$1,600,000 |
Free Standing NNN Retail |
100% 22,229 |
1989 8.11% |
|
| This NNN Property had a corporate guaranteed 15 Year Lease through 2023 with 1.5% annual lease bumps. |
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| 12650 Apollo Drive - Woodbridge, Va 22192 | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$6,267,500 |
PNC Bank 20 Yr. Ground Lease |
100% 59,241 |
2008 6.38% |
|
| This property was sold to an English Holdling Company and had a 20 Year NNN Ground Lease. The price represents price/ sq. ft. of land. |
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| 9200 John Carpenter - Dallas, Texas | ||||
 |
Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$3,250,000 |
Office Flex & Industrial |
100% 45,150 |
1965 9.00% |
|
| This property had Time Warner as primary tenant with expiration ocurring in 18 months. |
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| 13657-13663 Jupiter - Dallas, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$4,810,000 |
Office Flex |
100% 80,991 |
1984 8.50% |
|
| This property was sold in January of 2007 and 100% occupied when sold but had short term leases on 65% of rent roll. |
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| 3811 West Highway 21 - Corsicanna, Texas | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$485,000 |
Single-Tenant Retail |
100% 9,014 |
1996 9.74% |
|
| This Dollar General Single-Tenant Retail property was sold in October of 2010 and was situated on .81 acres of land. Only five years of the primary lease term remained and that lease expires in 2016. |
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| 1601 New Boston Road - Texarkana, Texas 75501 | ||||
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Price/SF: | Type: | Occupancy/Size: | Age/Cap Rate: |
$730,000 |
Free-Standing Retail |
100% 2,300 |
1986 7.28% |
|
| This property was sold 8/20/2008 and the lease ran through 12/31/2024. |
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