7920 Beltline

Location

7920 Beltline Rd.
Richardson, Texas 75254

Date

1991

Description

190,000, 11-stories office (Remodel & Re-tenanted)

Project Cost:

$5.6million

Narrative

This building was the former headquarters of Lennox Air Conditioning Company. In 1991, Lennox moved out of this building leaving it completely vacant. Centura contracted with John Hancock Life Insurance Company to buy the property in early 1992 and during the contract period negotiated a ~60,000 LOI with a national mortgage company to lease four lower floors.

7920 Beltline | Centura Development Co.