P4 Capital And Elevate Equity Partners Acquire Mixed-Use Property From Quadrant Investment Partners And FCP In Dallas
1800 Irving Boulevard, 1715 Market Center Boulevard & 1805 Market Center Boulevard
Building Size
338,034 SF
Asset Type
Mixed-use
Closing
Apr 25, 2025
AI
P4 Capital and Elevate Equity Partners acquired a mixed-use property spanning 112,678 square feet across 4.4 acres. The transaction took place at the addresses 1800 Irving Boulevard, 1715 Market Center Boulevard, and 1805 Market Center Boulevard, located in the Dallas market.
Summary of transation details:
- Property Type: Mixed-use
- Transaction Amount: Not disclosed
- Building Size: 112,678 SF
- Lot Size: 4.4 acres
- Buyer: P4 Capital & Elevate Equity Partners
- Seller: Quadrant Investment Partner & FCP
- Broker: Jonathan Carrier - JLL
The new owners, P4 Capital and Elevate Equity Partners, plan to redevelop the site into a retail, restaurant, and entertainment hub following the acquisition from Quadrant Investment Partners and FCP.
Players
Dallas Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93