Transactions - MARCH 26, 2020

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Stockbridge JV sells Dallas office building 

by Andrea Zander

A joint venture between Stockbridge and Cawley Partners has sold One Glen Lakes, a 168,953-square-foot, multi-tenant, Class A office building in Dallas, Texas.

The buyer is ICM Asset Management. The sales price was not disclosed. 

One Glen Lakes is located at 8140 Walnut Hill Lane, just west of the Texas Health Presbyterian Hospital campus in North Dallas. The property is situated just one block from the North Central Expressway and close to the LBJ Freeway, providing superior access to the entire Dallas–Fort Worth Metroplex. Additionally, One Glen Lakes is within walking distance of the Walnut Hill DART Station and the DART Rail Bus Station and is surrounded by affluent neighborhoods and plentiful retail amenities. The 10-story building offers tenants an on-site deli, convenience store, on-site banking and covered parking.​

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