Monday, November 26, 2012

Dallas Real Estate ~ Partners Collect 28 Henderson Avenue Properties

DALLAS (Dallas Morning News) – A 28-building purchase has been made in one of the region’s most popular restaurant and entertainment districts.
Los Angeles-based CIM Group and Dallas’ Open Realty Advisors acquired the buildings totaling 130,000 sf along East Dallas’ Henderson Ave., between US 75 and Ross Ave. The acquisition also includes some vacant lots.
While the terms of the deal were not disclosed, area brokers estimate the partners paid over $50 million for the group of properties.
Real Estate Center Online News (RECON)