Marcus & Millichap Arranges Sale of 93,087-SF Greyhound Office Building in Dallas

DALLAS, TX– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has arranged the sale of the Greyhound Office Building, (top right photo) a 93,087-square foot office building in Dallas.

Ron Hebert, a senior associate and director of Marcus & Millichap’s National Office and Industrial Properties Group in Dallas, and Matthew Kipp, a senior associate in the firm’s Newport Beach office, represented the seller. Hebert also procured the buyer and has sold this building twice in the past five years.

“The Greyhound Building’s Class A location and guaranteed income stream through 2012 allowed us to generate tremendous interest in the property with more than 20 offers,” says Hebert.

Located at 15110 North Dallas Parkway, the single-tenant six-story office building with a three-level parking garage is situated on a 2.66-acre lot on the northeast corner of Beltline Road and North Dallas Parkway.

The building was 100-percent leased and served as the Greyhound Corporate Headquarters before they moved out. The buyer plans to enjoy the income stream as he waits for the leasing activity to improve.

Press Contact: Stacey Corso
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