October 27, 2020
Coldwell Banker Commercial represented ownership in the sale of a 68,124-square-foot former Convergys call center in Lubbock to Harmony Public Schools. The original asking price was $7.5 million. The selling price was not disclosed.
Located three miles from Texas Tech University, the Class A office property was constructed in 1997. Texas Tech University. Operations were discontinued at the call center in 2018.
“The Loop 289 property is an excellent and well-located facility, but a bit unique, so we had to find just the right buyer,” said Scott Womack of Coldwell Banker Commercial Capital Advisors. “The original intent was to close the sale this past Spring, but the pandemic delayed the original acquisition date. We worked closely with the buyer and seller to ensure that the deal stayed on track.”
The buyer intends to use the location to house a charter school for grades 1 through 12.
For comments, questions or concerns, please contact Paul Bubny