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1701 East Lamar Boulevard

Hielan Real Estate Acquires Arlington Interlink Office Asset From TXRE Properties
SOLDOffice

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

Kolby Dickerson

TXRE Properties

Broker

4 deals

Broker
TXRE Properties
TXRE PropertiesSeller

Arlington 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