Jun 3, 2021
Portland investor snags 370K-sf Farmers Branch office complex
FARMERS BRANCH – Portland-based Menashe Properties has closed on Heritage One and Heritage Two, a two-building, 370,000-sf office complex, in an all-cash deal. Built in 1978 and 1980, the buildings...
FARMERS BRANCH – Portland-based Menashe Properties has closed on Heritage One and Heritage Two, a two-building, 370,000-sf office complex, in an all-cash deal.
Built in 1978 and 1980, the buildings at 4835 and 5001 LBJ Fwy. were last renovated between 2013 and 2019.
As of October, both properties combined were 79 percent leased to more than 40 tenants.
Newmark represented the seller, Brookwood Financial Partners. Forge Commercial Inc. will lease the property on behalf of Menashe.
The Texas Real Estate Research Center has more on DFW real estate news:
Source: Dallas Business Journal
Did you like this NewsTalk?
You might also like
PUBLISHED SINCE 1977
TG Magazine
Check out the latest issue of our flagship publication.