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Texas  + Dallas-Fort Worth  + Retail  | 
Feris Lee Finds Buyer for Euless retail pad

Faris Lee Investments Arranges Sale of Dallas Retail Building

A multi-tenant building within a mixed-use development in a Dallas suburb was sold for $8.675 million. The buyer, as part of a 1031 exchange, acquired the 100% leased Glade Parks pad consisting of five tenants.

This five-tenant 11,620 square-foot building is situated on approximately 1.68 acres of land in Euless, TX. The property is 100% leased to both national & regional tenants Sleep Number, Salata, Jersey Mike’s, LoveSac and Total Men’s Primary Care and is an out-parcel pad building to Glade Parks Town Center.  Glade Parks Town Center is a 194-acre mixed-use development consisting of over 400 luxury urban-loft apartments, over 125 luxury single-family homes, and will feature over 800,000 square feet of retail at full completion.

Faris Lee Investment’s Jeff Conover and Scott DeYoung represented the buyer, a family office from the Midwest region of the US in the transaction. Venture CRE represented the seller. 

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Sale/Acquisition