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Andrew Pappas Of Partners Capital Acquires Kessler Shopping Center From Liam Ltd For $XXXM
SOLD
Texas
See Similar DealsRetail102,020 SF
Sold 05/13/2025
SOLD
Andrew Pappas Of Partners Capital Acquires Kessler Shopping Center From Liam Ltd For $XXXM
1050 North Westmoreland Road
See Similar DealsRetail102,020 SF
Sold 05/13/2025
Summary
TEXAS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:102,020 SF
Transaction Type:Sale
The property asset involved in the transaction is a retail asset located at 1050 North Westmoreland Road in Dallas. The asset encompasses 102,020 square feet and is situated on 10 acres of land.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Buyer: Andrew Pappas - Partners Capital
- Seller: Liam Ltd
- Broker: William Harrison - Harrison Property Brokerage
- Lender: Brent Reed - Veritex Community Bank
Partners Capital has acquired the Kessler Shopping Center, marking its fifth deal for Opportunity Fund V and its second purchase in North Texas. The firm plans upgrades to signage and retail frontage to enhance performance, with Veritex Community Bank providing financing for the acquisition.
Players
LENDER
LENDER
Details
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Deal Type
30 years
10 years
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
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