Friday, February 06, 2015

Dallas-based investor buys Deep Ellum building

Allied Print building copy

Dallas-based Ranch and Farm Resources LP has bought the Allied Printing building in Deep Ellum for an undisclosed sum.

Deep Ellum has experienced a resurgence in the last few years as investors see opportunity in the historic neighborhood, which sits near downtown and Uptown Dallas.

There's been a number of apartment andretail developments in Deep Ellum as residents and tenants seek cheaper real estate rates.

The details behind Ranch and Farm Resources' plans on the property were not immediately disclosed on Monday. The buyer bought the property from EMB Management.

Lane Kommer, Lew Wood and Andrew Doster of Henry S. Miller Brokeragebrokered the deal.

Candace Carlisle, Dallas Business Journal