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Bradford Companies Acquires Bent Tree Green Office Building In Far North Dallas

Property Image
SOLD

Texas

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Office139,609 SF
Sold 03/25/2024
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Property Image
SOLD

Bradford Companies Acquires Bent Tree Green Office Building In Far North Dallas

17300 Dallas Parkway

See Similar Deals
Office139,609 SF
Sold 03/25/2024
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:139,609 SF
Transaction Type:Sale

The 139,609 square-foot Bent Tree Green office building located at 17300 North Dallas Parkway in Dallas was acquired by Bradford Companies for a value-add opportunity. The property was 60% leased at the time of sale, with a planned $9.6 million investment to upgrade amenities and modernize it.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Buyer: Richmond Collinsworth - Bradford Companies
  • Seller: David Wheeler - Silver Star Properties
  • Broker: JLL
  • Lender: Harmony Bank

JLL marketed the property for the seller, Silver Star Properties of Houston. Harmony Bank provided the financing for the transaction, facilitating Bradford Companies' acquisition of the office building in Far North Dallas.

Players

Harmony Bank
Harmony Bank
LENDER

Details

SOLD
IMAGE: Richmond Collinsworth & David Wheeler DATE: 03/25/2024 ADDRESS: 17300 North Dallas Parkway MARKET: Dallas ASSET TYPE: Office ~ SF: 139,609 BUYER: Richmond Collinsworth - Bradford Companies SELLER: David Wheeler - Silver Star Properties (@SilverStarREIT) BROKER: JLL (@JLL) LENDER: Harmony Bank (@HarmonyBank.TX) NOTE: Bradford Companies acquired the 139,609 square-foot Bent Tree Green office building in Far North Dallas for a value-add opportunity, aiming to boost leasing and management. The purchase concludes Bradford Opportunity Fund III, with a planned $9.6 million investment to upgrade amenities and modernize the property, which was 60% leased at the time of sale. Financing was provided by Harmony Bank, and JLL marketed the asset for the seller, Silver Star Properties of Houston.

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