PRESS RELEASE


TRANSWESTERN COMPLETES SALE AND LEASE TRANSACTION IN THE DALLAS-FORT WORTH AREA

February 02, 2017

TRANSWESTERN COMPLETES SALE AND LEASE TRANSACTION IN THE DALLAS-FORT WORTH AREA
Dallas transaction recap

​Dallas – Transwestern today announces the following sale and lease transactions in the Dallas-Fort Worth area.

SALES
· Transwestern Managing Director Steve Simon and Principal Matt Hurlbut represented MLMT 2005-LC1 Freeway Offices LLC in the sale of DFW West. The 85,900-square-foot office building at 4001 W. Airport Freeway in Irving sold at an undisclosed price.
· Transwestern Principal Clint Riley represented Texas Pine H in the sale of 4809 S. Westmoreland Road in Dallas, Texas. The 47,124-square-foot industrial building, part of Redbird Industrial Park, was purchased by Quartz Place LLC for an undisclosed amount.
· Transwestern Principal Bill De La Chapelle and Associate Ben Phillips represented B.P.T. Investments LLC in the sale of 1039 – 1041 Avenue M, a 26,400-square-foot industrial building located in Grand Prairie, Texas. The building was purchased by undisclosed buyer, represented by Hanes Chatham with Stream Realty.

LEASES
· Springleaf has signed a 25,000-square-foot new lease at 125 E. John Carpenter Freeway in Irving, Texas. Transwestern Principals Fletcher Cordell, Matt Hurlbut and Nathan Durham represented the building owner, Brookwood. Russell Cosby, and Torrey Littlejohn of JLL represented the tenant.

ABOUT TRANSWESTERN
Transwestern is a privately held real estate firm of collaborative entrepreneurs whodeliver a higher level of personalized service – the Transwestern Experience. Specializing in Agency Leasing, Management, Tenant Advisory, Capital Markets, Research and Sustainability services, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Based in Houston, Transwestern has 34 U.S. offices and assists clients through more than 180 offices in 37 countries as part of a strategic alliance with BNP Paribas Real Estate. Experience Extraordinary at transwestern.com and @Transwestern. For updates from the North Texas region, follow @TranswesternDLS and @TranswesternFTW.


Media Contact:
Joyce Williams
972.774.2505
joyce.williams@transwestern.com
twmediarelations@transwestern.com