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Firm buys the land out from beneath its buildingFirm buys the land out from beneath its buildinghttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=217792019-01-17T06:00:00Z2019-01-18T00:20:00Z

​​A look at Telos Fitness Center, located in North Dallas​​FARMERS BRANCH – A ground lease that contains two buildings along the west side of Dallas North Tollway near the Dallas Galleria has changed hands.

Southern Properties Capital, a subsidiary of Transcontinental Realty Investors Inc., has purchased the land beneath Stanford Corporate Centre and the adjoining Telos Fitness Center.

Both buildings were built in the 1980s and have belonged to Transcontinental since 2008. 

The 13-story Stanford Corporate Centre has more than 274,000 sf, and the Telos Fitness Center has about 63,000 sf.
Dallas Business Journal
Dallas-Fort Worth-Arlington
Land
https://www.bizjournals.com/dallas/news/2019/01/15/north-dallas-area-ground-lease-changes-hands.html

​See also: Dallas-Fort Worth-Arlington Office Market Research.​

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