Granite And Highwoods Acquire Mixed-Use Property In Dallas For $394.7M

This mixed-use property located at 2021 McKinney Ave in Dallas has been sold for $394,700,000. The transaction took place on December 16, 2022. With a total square footage of 626,215, the sale price per square foot came out to be $630. The property is a mixed-use asset situated in the market of Dallas.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $394,700,000
• Address: 2021 McKinney Ave
• Market: Dallas
• Square Footage: 626,215

The buyer of this property was Granite Properties represented by Will Hendrickson, and Highwoods Properties represented by Ted Klinck. The seller included Crescent Real Estate and J.P. Morgan Asset Management. The deal was facilitated by Andrew Levy and Todd Savage from JLL.