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Texas  + State of Texas  + Retail  | 

SkyWalker Property Sells Three Revamped North Texas Properties

After renovating three North Texas properties in its portfolio, SkyWalker decided it was time to respond to a red-hot market. Founder Gary Walker said the time was right, “We had a tremendous number of offers, it sold in less than a month…there is a lot of capital chasing investments in Texas.”

One property in Waxahachie, was the former home of a local newspaper. Walker spent nearly $2.5 million to convert it into a single-tenant building. A Wichita Falls parcel went from being a call center to a grocery store. A second Wichita Falls property went from being a retail center to a government-leased asset.

Walked added this about his current strategy, “We are in harvest mode and it’s a good time in the market to do so. We aren’t long term holders. We’re in moving, not storage.”


Inside The Story

Gary Walker

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
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