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Slingshot Advertising Acquires Historic Landmark Center In Dallas' West End District

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SOLD

Texas

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Office140,317 SF
Sold 08/09/2023
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SOLD

Slingshot Advertising Acquires Historic Landmark Center In Dallas' West End District

1801 N Lamar St Dallas, TX 75202, USA

See Similar Deals
Office140,317 SF
Sold 08/09/2023
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:140,317 SF
Transaction Type:Sale

The historic Landmark Center in Dallas' West End district has been purchased by a venture led by Slingshot Advertising CEO Owen Hannay. The 140,317-square-foot office building, located at 1801 North Lamar Street, was sold by Spear Street Capital. The property, which was approximately 80% leased at the time of the sale, underwent renovations by the previous owner.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not mentioned
  • Square Footage: 140,317 SF
  • Address: 1801 North Lamar Street
  • Market: Dallas

Slingshot Advertising, represented by Owen Hannay, led the purchasing venture for the Landmark Center. The deal was facilitated by JLL, who acted as the broker in the transaction. First Liberty Bank provided a $7 million loan to finance the acquisition.

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Details

SOLD
IMAGE: Owen Hannay DATE: 08/09/2023 ADDRESS: 1801 North Lamar Street MARKET: Dallas ASSET TYPE: Office ~ SF: 140,317 BUYER: Slingshot Advertising - Owen Hannay (@OHannay) SELLER: Spear Street Capital BROKER: JLL (@JLL) LENDER: First Liberty Bank NOTE: The historic Landmark Center in Dallas' West End district has been bought by a venture led by Slingshot Advertising CEO Owen Hannay. Financed with a $7 million loan from First Liberty Bank of Oklahoma, the 140,317-square-foot office building was renovated by the previous owner and was around 80% leased when sold.

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