Location
3400 Carlisle Rd.
Dallas, Texas 75204
Date
1993
Description
76,000 s.f., 5-story office building (Remodel & Re-tenanted)
Project Cost
$3.5 million
Narrative
This was Centura’s final property acquisition in Dallas. We acquired the property from a reorganized Texas Commerce Bank, for $3.5 million. At the time of the purchase, the property was only 30% occupied. We owned it for exactly one year and one day, increased occupancy to 85%, and sold to $7,600,000.
