Hielan Real Estate Acquires Arlington Interlink Office Asset From TXRE Properties
1701 East Lamar Boulevard
Building Size
83,050 SF
Asset Type
Office
Closing
Feb 12, 2026
AI
The office asset located at 1701 East Lamar Boulevard in Arlington, Texas, has a square footage of 83,050. It has been sold to Hielan Real Estate following a successful renovation to Class A standards and achieved over 90% occupancy prior to the sale.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1701 East Lamar Boulevard
- Market: Arlington
- Asset Size: 83,050 SF
- Buyer: Keith Menking - Hielan Real Estate
- Seller: TXRE Properties
- Broker Representatives: Justin Smith & Kolby Dickerson - TXRE Properties
TXRE Properties will remain the exclusive leasing partner for the property and is committed to maintaining its strong performance under the new ownership of Hielan Real Estate.
Players
Arlington Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
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