Monday, July 01, 2013

Prime Real Estate Quietly Switches Hands

A property that’s long been considered one of the best development sites in Dallas has quietly changed hands.
The former Showcase Chevrolet property at LBJ Freeway and Noel Road sits right next door to the Dallas Galleria.
The 14-acre tract was long the home of Doran Chevrolet. It’s been up for sale for more than three years.
Last week, an investment company – Dallas Midtown Properties LLC – bought the key tract for an undisclosed price. The property had been marketed for sale for more than $14 million.

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