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TEXAS |
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THOMPSON NATIONAL PROPERTIES ACQUIRES CLASS B OFFICE BUILDINGS
DALLAS — Thompson National Properties has acquired Oakwood Tower and One Lee Park West in Dallas on behalf of the Bruin Fund. The two Class B, value-added office properties, which are located in the Uptown/Turtle Creek submarket, total 118,370 square feet. Cohen Financial arranged the financing with Grandbridge Real Estate Capital.
SCI ACQUIRES DENTON TOWNE CROSSING SHOPPING CENTER
DENTON, TEXAS — SCI Real Estate Investments has acquired Denton Towne Crossing, a 36,780-square-foot retail center in Denton, from Weber & Co. Tenants at the center, which is located at the intersection of Loop 288 and Brinker Road, include Verizon Wireless, Men’s Warehouse, Supercuts, Payless ShoeSource, Pei Wei restaurant and McAlister’s Deli. The property is shadow-anchored by Target and The Home Depot. SCI was represented in-house by Scott Derrick and Phillip Duke. Ken Shulman of The Staubach Company represented Weber & Co.
GRUBB & ELLIS CO. COMPLETES PURCHASE OF CENTERPOINT BUSINESS PARK FACILITY
SAN MARCOS, TEXAS — Nelson Investments has sold a 33,600-square-foot Class B office property to 4115 Medical Ltd. The property is located within Centerpoint Business Park at 101 Centerpoint Rd. in San Marcos. Jason Brumm and JJ Williams with Grubb & Ellis represented the buyer in the transaction.
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