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Rogers Healy & Associates Facilitates Sale Of Downtown Dallas Office Tower For Residential Conversion

Property Image
SOLD
Pejman Zahmatkesh
Philip Askeroth

Texas

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Office187,000 SF
Sold 04/24/2023
the dealplayerscompscontact
Property Image
SOLD

Rogers Healy & Associates Facilitates Sale Of Downtown Dallas Office Tower For Residential Conversion

211 North Ervay Street

See Similar Deals
Office187,000 SF
Sold 04/24/2023
Pejman Zahmatkesh
Philip Askeroth
the dealplayerscompscontact
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:187,000 SF
Transaction Type:Sale

The historical office building located at 211 North Ervay Street in Downtown Dallas has been sold in a recent transaction. The property, spanning 187,000 square feet, has been acquired by a developer who plans to convert it into 238 rental units. The conversion of this eye-popping Dallas tower adds it to the growing list of downtown buildings undergoing a residential transformation.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not specified
  • Square Footage: 187,000
  • Address: 211 North Ervay Street, Downtown Dallas
  • Market: Downtown Dallas

The buyer in this transaction was represented by Philip Askeroth from Rogers Healy & Associates. On the other hand, the seller was represented by Pejman Zahmatkesh, also from Rogers Healy & Associates.

Players

Pejman Zahmatkesh
Rogers Healy and Associates
Pejman Zahmatkesh
3 deals
BROKER
Philip Askeroth
Rogers Healy and Associates
Philip Askeroth
1 deal
BROKER

Details

SOLD
IMAGE: Pejman Zahmatkesh & Philip Askeroth DATE: 04/24/2023 ADDRESS: 211 North Ervay Street MARKET: Downtown Dallas ASSET TYPE: Office ~ SF: 187,000 BUYER'S REP: Philip Askeroth - Rogers Healy & Associates SELLER'S REP: Pejman Zahmatkesh (@RHACommercial) - Rogers Healy & Associates NOTE FROM SELLER'S REP: An eye-popping Dallas tower is on the growing list of downtown buildings heading for a residential conversion. The developer is converting this historical office building to 238 rental units.

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