Spring Valley Business Center, Famer’s Branch, Texas
Property
9-building business park 180,000 square feet Acquired in 2 transactions March and June 2018
Location
Spring Valley Road in Farmer’s Branch (Dallas), located between the Dallas North Tollway and the LBJ in an infill submarket that is experiencing tremendous growth and gentrification.
Strategy
Infill value add. The park has been undergone extensive upgrades including exterior paint, landscape enhancements, new signage, energy upgrades, repositioning of the tenancies and rent roll, and branding as “The SVB”. During the first 12 months of ownership SCCR has rolled 60% of the tenancies and has increased rents by over 40%.
- Equity Placement Ledo Capital Group
- Leasing - Rich Young Jr. and Andy Folmer with Rich Young Company
- Property Management - Trinity Interests
Contact
Office
134 Lomita Street, El Segundo, California 90245, US