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5956 Sherry Lane

Updated Sep 10, 2026

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Brandon Shorenstein Acquires 300,000 Square Foot Office Tower In Dallas For Unspecified Amount
SOLDOffice

Brandon Shorenstein Acquires 300,000 Square Foot Office Tower In Dallas For Unspecified Amount

5956 Sherry Lane

Building Size

300,000 SF

Asset Type

Office

Closing

Sep 8, 2026

About this deal

AI

The property asset involved in the transaction is a Class AA office tower located at 5956 Sherry Lane in Dallas, TX. The asset spans 300,000 square feet and has a current leasing rate of 93%. The recent renovations have been completed, and further amenity upgrades are planned to enhance the property's appeal in the market.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Square Footage: 300,000 SF
  • Address: 5956 Sherry Lane
  • Market: Dallas, TX
  • Buyer: Brandon Shorenstein
  • Company: Shorenstein
  • Asset Status: 93% leased
  • Recent Renovations: Yes
  • Further Upgrades Planned: Yes
  • Market Availability: 4%
  • Tenant Demand: Strong

Brandon Shorenstein of Shorenstein Investment Advisers has successfully acquired the Sherry Lane Place office tower. This marks the fourth acquisition for the firm in the Dallas area within a two-year span, reflecting their strategy to expand their portfolio in response to favorable local market conditions.

Players

Brandon Shorenstein

Shorenstein

Buyer

$745M

vol

6 deals

Buyer

Dallas Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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