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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