OrbVest U.S. Inc Acquires Property From Encore Enterprises With Seller's Rep Creighton Stark In Dallas
SOLD
Texas
See Similar DealsOffice196,215 SF
SOLD
OrbVest U.S. Inc Acquires Property From Encore Enterprises With Seller's Rep Creighton Stark In Dallas
12201 Merit Dr, Dallas, TX, 75251
See Similar DealsOffice196,215 SF
Summary
TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:196,215 SF
Transaction Type:Sale
The property asset involved in the transaction is Two Forest Plaza, an 11-story, Class A office building located at 12201 Merit Drive in North Dallas, Texas. It spans 196,215 square feet and was built in 1981, with renovations completed in 2014. The building features a six-story parking garage, a conference room, a fitness center, and a café. Notable tenants include New York Life Insurance Co. and French bakery La Madeleine, which operates its headquarters from this location.
Summary of transaction details:
- Property Type: Office Building
- Transaction Amount: Not specified
- Address: 12201 Merit Dr, Dallas, TX, 75251
- Market: Dallas
- Seller: Encore Enterprises
- Buyer: OrbVest U.S. Inc
- Seller's Representative: Creighton Stark-Colliers International
- Square Footage: 196,215
The deal was represented by Creighton Stark and Chris Boyd from Colliers International on behalf of Encore Enterprises. The buyer, OrbVest U.S. Inc., formed a partnership with Richmond Honan Lifehope for this transaction.
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