The Brookhollow Riverside office building on State Highway 360 has sold.
The Brookhollow Riverside office building is on State Highway 360 between Interstate 30 and Airport Freeway. Built in 1984, the almost 120,000 square-foot building was sold by Arlington-based SkyWalker Property Partners.Brookhollow Riverside is about 90% leased. SkyWalker Property had owned the building since 2006.
“We were fond of that asset,” SkyWalker’s Willian Welder said in a statement. “But it was the right time to sell. “In spite of general headwinds facing office properties, there is still strong demand for quality multi-tenant assets with a good amount of term remaining on leases, as was the case with Brookhollow Riverside.”SkyWalker Property also sold a Far North Dallas office complex. Crescent Parc is a 61-unit, almost 6-acre medical and office condominium campus at 1400 N. Coit Road.
The seller invested in the project starting in 2021 when it completed construction on the more than 64,000-square-foot offices.SkyWalker Property was formed in 2017 and has overseen a $200 million portfolio of office, industrial and retail properties in Texas and surrounding states.
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