Texas + Office | February 20, 2019

SkyWalker Acquires 277K-SF Crosspoint Atrium

SkyWalker Property Partners closed on its largest acquisition to date for its value-add fund, When Opportunity Knocks, buying the 227,891-square-foot office building, formerly known as Crosspoint Atrium, in North Dallas. The buyer shook hands with Credit Union of Texas, which leased back 110,876 square feet of its former headquarters building at 8151 LBJ Fwy. The new owner plans to invest at least $500,000 into upgrading and rebranding the Class B office building.

Gary Walker and Clint Holland of SkyWalker Property Partners handled negotiations for the buyer of record, Crosspoint My Heart LLC. HFF represented the seller. The building delivered in 1981, and was 53% occupied at sale time, after the credit union’s space realignment. Holt Lunsford Commercial has been retained to lease and manage the asset.

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About Mark El-Rayes

Mark El-Rayes is an award winning designer and photographer from Beirut, Lebanon. El-Rayes has over 15 years in the design industry, 5 years of which he served as a Mass Communication Specialist in the United States Navy at Naval Air Station North Island, Navy Public Affairs Support Element - West (NPASE). El-Rayes is a full-stack developer, seo specialist, photographer, and artist.