Jon Deal Of Dealco Acquires 603 Munger Avenue Office Building In Dallas From Will Hendrickson

The asset involved in this transaction is a Class A office building located at 603 Munger Avenue in Dallas, TX. This property spans over 215,000 square feet and is currently 78% leased. It was redeveloped from a vacant historic building into a modern office complex by Granite Properties.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Undisclosed
• Buyer: Jon Deal - Dealco
• Seller: Will Hendrickson - Granite Properties
• Brokers: Todd Savage, Russell Ingrum, Jared Chua, Kelsey Shebay, Matt Murphy, Cole Sutter & Kiana Nemati - Cushman & Wakefield

This acquisition marks a significant investment as Dealco expands its office portfolio. The redevelopment of the Factory Six03 office building represents a successful transformation by Granite Properties from its previous vacant state, allowing for a modern office environment in a historic structure.