realty-capital

Realty Capital Sells Mixed-Use Building in Metro Dallas

by Haisten Willis

COLLEYVILLE, TEXAS — Irving-based Realty Capital Management LLC has sold a 12,000-square-foot mixed-use building located at 16 Village Lane in Colleyville to SC 16 Village Lane Investment LLC. The building is part of a larger 26-acre mixed-use development known as The Village at Colleyville, which was developed by Realty Capital in 2002. The mixed-use building was fully leased to four retail tenants on the first floor and one office tenant on the second floor. The ground floor tenants include Posh Hair Studio, The Lash Lounge, The Lodge Barbershop and Posh Body. The sole second floor tenant is Ztar Mobile. Realty Capital had owned the building since 2004 when the property was originally delivered. Russ Webb and LeAnn Brown with Silver Oak Commercial Realty represented the seller in the transaction. Holt Lunsford and Matt Carthey with Holt Lunsford Commercial represented the buyer. The Village at Colleyville is located at Main Street and Highway 26 (Colleyville Boulevard).

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