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HN Capital Acquires Office Property On Turtle Creek Boulevard In Dallas For $2.5M

Property Image
SOLD
$2,500,000

Texas

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Office
Sold 06/09/2023
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Property Image
SOLD

HN Capital Acquires Office Property On Turtle Creek Boulevard In Dallas For $2.5M

2999 Turtle Creek Blvd Dallas, TX 75219, USA

See Similar Deals
Office
Sold 06/09/2023
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Office
Transaction Type:Sale

An office building located at 2999 Turtle Creek Boulevard in Dallas has been sold for $2,500,000. The property was acquired by an affiliate of HN Capital Partners, a real estate investment firm. The building is situated in the Turtle Creek neighborhood and was originally intended to be developed into a Mandarin Oriental hotel. However, Tim Barton, the previous owner, lost a legal battle for the property. In addition to losing ownership, Barton is also facing federal criminal charges.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $2,500,000
  • Address: 2999 Turtle Creek Boulevard
  • Market: Dallas

HN Capital Partners, represented by Vipin Nambiar, emerged as the buyer in the deal.

Players

VN
Vipin Nambiar
2 deals$2.5M volume
BUYER
VN
Vipin Nambiar
2 deals$2.5M volume
BUYER

Details

SOLD
IMAGE: Vipin Nambiar DATE: 06/09/2023 ADDRESS: 2999 Turtle Creek Boulevard MARKET: Dallas ASSET TYPE: Office BUYER: HN Capital - Vipin Nambiar SALE PRICE: $2,500,000 NOTE: Tim Barton has lost a legal battle for a coveted property in Dallas' Turtle Creek neighborhood, which was intended for a Mandarin Oriental hotel. The property will now be owned by an affiliate of HN Capital Partners, and Barton is also facing federal criminal charges.

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