Workspace Property Trust Acquires 120,000 SF Office In Irving From Griffin Realty Trust

An office property located at 3929 W. John Carpenter Freeway in Irving has been sold. The transaction took place on December 28, 2022, with Workspace Property Trust acquiring the asset from Griffin Realty Trust. The office space spans an area of 120,000 square feet.

Summary of transaction details

• Property Type: Office
• Transaction Amount: Not mentioned
• Address: 3929 W. John Carpenter Freeway, Irving
• Seller: Griffin Realty Trust
• Buyer: Workspace Property Trust - Thomas A. Rizk

The buyer, Workspace Property Trust represented by Thomas A. Rizk, successfully purchased the office property from the seller, Griffin Realty Trust. The deal was facilitated with the assistance of mortgage broker Newmark Group, while UBS Group provided the necessary financing for the transaction.