Property info.
Property type:
Track-Record
1325 Capital Parkway,
Carrollton, TX 75006
70662 Square Feet
Acquired: December 1992
Disposition Date: July 2014
About
Originally acquired during a soft commercial real estate market, the top floor of this property was vacant when acquired. Property value was enhanced over the years by minimizing vacancies and repositioning the asset to better align with market demand. An original warehouse located at the back of the property was converted to office/showroom space, commanding higher rent per square foot, and lease turnovers were proactively managed to maximize occupancy. This asset generated significant unleveraged returns to investors over its holding period as well as a very profitable return on investment upon sale.
