Cawley Partners And Alamo Manhattan Acquire 2909 Cole Avenue Office In Dallas From Aberfeldy Properties

The property asset involved in the transaction is a three-story office building located at 2909 Cole Avenue in Dallas, Texas. The asset encompasses a total area of 27,000 square feet and was built in 1981. The building is currently 73% leased and is intended for conversion into a hotel, expanding the buyer's hospitality portfolio in Uptown Dallas.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 2909 Cole Avenue
• Market: Dallas
• Asset Size: 27,000 SF
• Buyer: Bill Cawley - Cawley Partners; Matt Segrest - Alamo Manhattan
• Seller: Aberfeldy Properties

Bill Cawley represents Cawley Partners, while Matt Segrest represents Alamo Manhattan in this transaction. The strategic acquisition aims at transforming the current office space into a 140-room hotel, thereby enhancing Alamo Manhattan’s offerings in the Dallas hospitality sector.