City Office REIT, Inc Acquires Lewisville Office Building For $43.8M

The office property located at 2911 Lake Vista Drive in Lewisville, Dallas, was recently sold for a total of $43,800,000. The transaction took place on June 15, 2022. The property, owned by City Office REIT, Inc and represented by James Farrar, is situated in the Lewisville market.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $43,800,000
• Seller: City Office REIT, Inc - James Farrar

James Farrar of City Office REIT, Inc represented the seller in this deal. The sale of the office property represents a significant transaction in the Lewisville market, showcasing the demand and value of commercial real estate in the area.