Connect Media > Texas News > Dallas-Fort Worth > Cawley Teams Up for Deal in Las Calinas

January 14, 2021 Comments (0) Views: 261 Dallas-Fort Worth, Texas News

Cawley Teams Up for Deal in Las Calinas

Order Reprints...

In its second DFW-area deal this week, Cawley Partners teamed with Vancouver-based Balfour Pacific Capital to acquire Westpoint I, a 150,000-square-foot office building at 1255 Corporate Dr. in Irving’s Las Colinas submarket. Earlier this week, Cawley and Staubach Capital acquired Sabre’s headquarters in Southlake.

“Westpoint I ticks many boxes for us,” said Mark Scott, Balfour Pacific’s managing partner. “It’s a stabilized property anchored by investment-grade credit, but with value-add characteristics and significant upside.”It’s Balfour Pacific’s second acquisition in Dallas.

Plans are in the works to add a new grab-and-go food service. Renovations of the restrooms and common areas are also planned for the first and second floors. Westpoint I is being leased by Addie Ludwig of Cawley Partners.

JLL’s Parker McCormack and Andrew Levy represented the seller, Highbrook Investors.

Connect With Cawley Partners

Connect With Balfour Pacific

Connect With JLL’s McCormack


Get CRE News in 150 words

For comments, questions or concerns, please contact Paul Bubny

Tags: , ,

Comments are closed.