SkyWalker purchases Dallas office building
DALLAS – SkyWalker Property Partners has purchased Crosspoint Atrium, a 227,891-sf office building at 8131 LBJ Freeway near the High Five interchange.
The buyer plans to invest at least $500,000 into upgrading, rebranding, and reintroducing the Class B office building to the market.
The eight-story building was developed in 1981 on 3.4 acres at the edge of Park Central. It is supported by 247 surface-parking spaces and 492 leased garage spots
HFF represented the seller, the Credit Union of Texas, which has leased back 110,876 sf of its former headquarters building, maintaining its 2,450-sf bank branch in the lobby.
The building was 53 percent leased at sale time after the credit union's space realignment.
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