Mike Foxworthy, an executive vice president at Daum, reportsthat Steadfast plans 26 freestanding office buildings for sale onfee title property. The project will consist of four 8,121-sftwo-storybuildings along with 22 one-story buildings ranging from1,659 sf to 4,779 sf.
With a limited supply of land causing average rents to continuerising, the Steadfast development "will provide much needed smallto mid-sized office buildings and ease the shortage in the area,"Foxworthy says. The complex will dedicate approximately 38,000 sfto medical use and 47,000 sf to general office use and is scheduledfor completion in February.
Steadfast acquired the property from Woodranch Office Park LLC,with Foxworthy representing both the buyer and the seller. Thedevelopment site is Sinaloa Golf Course and close to the RonaldReagan Library.
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