Provident Realty Advisors has acquired Lakeside Campus, an 807,354-square-foot office property in Richardson. The seller was Trigild. The recently renovated project is 69% leased, and the weighted average lease term is 3.9 years.

Newmark’s Chris Murphy, Robert Hill, Gary Carr, and Stephen Schwalb represented the seller

The property includes a 16-story office tower and a four-story office building, abundant structured parking and an 18-acre site with a landscaped pond and jogging trail. Since 2015, over $13 million has been invested in property enhancements, including a contemporary lobby, a state-of-the-art fitness center, a full-service café and a tenant lounge. 

Prominently situated along North Central Expressway (US-75), the property is just minutes from the University of Texas at Dallas and major corporate campuses such as State Farm, Blue Cross Blue Shield, Raytheon and Texas Instruments.