Vijay Borra Of DFW Land Acquires 120,923 Square Foot Office In Dallas From John Kukral

8020 Park Lane is a 120,923-square-foot Class A office building located in the Shops at Park Lane district of Dallas, TX. The property is fully leased and was built in 2015, with Energy Transfer LP as an anchor tenant.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 8020 Park Lane
• Market: Dallas, TX
• Asset Size: 120,923 SF
• Buyer: Vijay Borra - DFW Land
• Seller: John Kukral - Northwood Investors
• Brokerage Firm: Newmark
• Brokers Involved: Chris Murphy, Gary Carr, Robert Hill & Austin Sheahan - Newmark
• Mortgage Brokers: Clint Frease, Chris McColpin & Josh Francis - Newmark

Northwood Investors executed the sale of 8020 Park Lane to DFW Land, marking a strategic expansion for the buyer who previously acquired nearby properties. The transaction was handled by Newmark Capital Markets, with several brokers involved in facilitating the deal.