ICM Asset Management Acquires Property From Cawley Partners With Jack Crews Of JLL As Seller's Rep
SOLD
Texas
See Similar DealsOffice168,953 SF
SOLD
ICM Asset Management Acquires Property From Cawley Partners With Jack Crews Of JLL As Seller's Rep
8140 Walnut Hill Ln, Dallas, TX, 75231
See Similar DealsOffice168,953 SF
Summary
TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:168,953 SF
Transaction Type:Sale
The property involved in this transaction is an office building located at 8140 Walnut Hill Ln, Dallas, TX, 75231, known as One Glen Lakes. It spans a total area of 168,953 square feet and is a 10-story, Class A building situated in North Dallas, within walking distance of the Walnut Hill DART station. The building includes a deli, convenience store, and onsite banking services.
Summary of transaction details:
- Property Type: Office Building
- Transaction Amount: Not disclosed
- Square Footage: 168,953
- Address: 8140 Walnut Hill Ln, Dallas, TX, 75231
- Market: Dallas
- Seller: Cawley Partners
- Buyer's Representative: ICM Asset Management
- Seller's Representative: Jack Crews - JLL
Jack Crews of JLL represented the seller, a joint venture between Stockbridge and Cawley Partners, in this transaction. Additionally, Jason Piering of JLL facilitated a five-year, floating-rate acquisition loan on behalf of the buyer, ICM Asset Management.
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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