August Real Estate Co. Acquires Mixed-Use Property In Dallas For $53M

The mixed-use property located at 800, 820, 824, 830, 832, 840, 801 & 500 Exposition Ave; 4101, 4121, 4139, 4145, 4147, 4153, 3835, 4130, 4112, 4118 & 4140 Commerce St; 3711, 3715, 3809, 3809 & 3809 Parry Ave; and 4412 Pacific Ave in Dallas has been sold. The transaction was completed by the August Real Estate Co., represented by Evan & Jordan August, who purchased the property from the Gibson Company. The sale price for the property was $53,000,000. The total square footage of the property is 402,312, resulting in a price per square foot of $132.

Summary of Transaction Details

• Property Type: Mixed-use
• Transaction Amount: $53,000,000
• Property Address: 800, 820, 824, 830, 832, 840, 801 & 500 Exposition Ave; 4101, 4121, 4139, 4145, 4147, 4153, 3835, 4130, 4112, 4118 & 4140 Commerce St; 3711, 3715, 3809, 3809 & 3809 Parry Ave; and 4412 Pacific Ave, Dallas
• Market: Dallas
• Buyer: August Real Estate Co. - Evan & Jordan August
• Seller: Gibson Company
• Square Footage: 402,312
• Price Per Square Foot: $132

Evan & Jordan August of August Real Estate Co. acted as the buyer's representatives in the transaction, acquiring the mixed-use property in Dallas from the Gibson Company. The deal marks a significant investment opportunity for the August Real Estate Co., adding to their diverse portfolio of properties. This transaction showcases the expertise and strategic vision of both buyer and seller in the Dallas real estate market.