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12221 Merit Drive

Lahasky Investment Group Acquires Office Asset From Silver Star Properties REIT In Dallas
SOLDOffice

Lahasky Investment Group Acquires Office Asset From Silver Star Properties REIT In Dallas

12221 Merit Drive

Building Size

366,000 SF

Asset Type

Office

Closing

Feb 26, 2026

AI

The property asset involved in this transaction is located at 12221 Merit Drive, within the Dallas market. This office asset encompasses a total of 366,000 square feet. The transaction was completed in the market for an undisclosed amount, signaling a transfer between the buyer and seller.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Buyer: Lahasky Investment Group
  • Seller: Silver Star Properties REIT
  • Broker: Evan Stone - Goodwin Advisors

The key individuals involved in this transaction include the buyer Lahasky Investment Group and the seller Silver Star Properties REIT, with Evan Stone representing the brokerage firm Goodwin Advisors in the deal.

Players

Evan Stone

Goodwin Advisors

Broker

$26M

vol

5 deals

Broker
SI
Silver Star Properties REIT, Inc.Seller

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