Situated in one of the most desirable trade areas in Dallas, Texas, Prestonwood Court is a 50,925 SF Class A two (2) building multi-tenant retail portfolio. It is located in the highly sought-after infill Addison submarket. The value-add business plan included fixing title irregularities prior to closing and then subsequent interior and exterior improvements. The asset was acquired at a substantial discount to replacement cost. Prestonwood Court is targeted for disposition in 2022.

Location
Prestonwood Court
Dallas, TX
Retail | Unrealized
Asset Summary
- Acquisition Date:
- Q1 2017
- Size:
- 50,925 SQ FT
- Property Type:
- Retail
- Deal Profile:
- Fund II, Acquisition
- Investment Profile:
- Value-Add
- Deal Source:
- Off Market