Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Texas  + Retail  | 

Dallas CVS Trades in “Irreplaceable Location”

Marcus & Millichap recently completed the sale of a 10,430-square-foot CVS in downtown Dallas. Built in 2016, the property is immediately adjacent to three residential high-rises.

Alvin Mansour and Kevin Mansour represented the seller, Consolidated Tomoka. Miami-based Ronnie Issenberg and Gabriel Britti, senior managing directors with Marcus & Millichap’s The Issenberg Britti Group, procured the buyer, a Florida-based 1031 trade buyer.

“This is an irreplaceable location in downtown Dallas with a long-term credit net lease,” said Alvin Mansour. “A win-win on all fronts. The trophy generational asset is set on almost a full acre between the Harwood District and Victory Park, adjacent to the American Airlines Center.”

Britti added, “With inventory dwindling in Florida due to extremely high demand, our typical ‘Florida-only’ clients are looking to other income tax-free states for their 1031 needs. We are seeing a lot of capital move between these states.”

Get CRE News in 150 words

For comments, questions or concerns, please contact Paul Bubny


Inside The Story

Connect With Marcus & Millichap's Alvin MansourConnect With Marcus & Millichap's Kevin MansourConnect With Issenberg Britti Group

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).