facebook
Traded Co logo
Submit
Daily limit: 0/10

Leon Backes Of Provident Realty Advisors Acquires Office Building From Triumph Financial In Dallas

Property Image
SOLD

Texas

See Similar Deals
Office257,000 SF
Sold 01/08/2026
the dealplayerscompscontact
Property Image
SOLD

Leon Backes Of Provident Realty Advisors Acquires Office Building From Triumph Financial In Dallas

8401 North Central Expressway

See Similar Deals
Office257,000 SF
Sold 01/08/2026
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:257,000 SF
Transaction Type:Sale

The asset involved in this transaction is a 257,000 square foot, 10-story Class A office building located at 8401 North Central Expressway in Dallas. The property was acquired by Provident Realty Advisors from Triumph Financial, which owned it for a period of less than two years.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Buyer: Leon Backes - Provident Realty Advisors
  • Seller: Triumph Financial
  • Current Occupancy: 18%
  • Property Name: One Triumph Place
  • New Name Post-Acquisition: One Provident Place
  • Planned Renovations: Conference center and coffee shop
  • Renovation Completion Target: May 2026

Leon Backes represents Provident Realty Advisors in this acquisition, with the intent to relocate its headquarters to the newly acquired property. The renovations aim to enhance the building's appeal to future tenants.

Players

Leon Backes
Provident Realty Advisors
Leon Backes
5 deals$32M volume
BUYER

Details

SOLD
IMAGE: Leon Backes DATE: 01/08/2026 ADDRESS: 8401 North Central Expressway MARKET: Dallas ASSET TYPE: Office ~ SF: 257,000 BUYER: Leon Backes - Provident Realty Advisors SELLER: Triumph Financial NOTE: Provident Realty Advisors acquired One Triumph Place, a 257,000-SF, 10-story Class A office building in Dallas, from Triumph Financial, which had owned it for less than two years; Provident will relocate its headquarters there and rebrand it as One Provident Place.The building is currently 18% occupied, and Provident plans renovations including a conference center and coffee shop, targeting completion by May 2026.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00