The new owner is starting the play with Greyhound's name on thelease at 15110 N. Dallas Pkwy. until 2012 and the bus lines incontrol of subleases for a 10,000-sf office to Bank of America,roof rights to AT&T Wireless and billboard rights to Viacom.The local partnership won the deal in a re-marketing after twoother contracts fell out, Ronald Hebert, senior associate anddirector for Marcus & Millichap Real Estate Investment Servicesin Dallas, tells GlobeSt.com, adding the hurdle was financing.

"With the tenant dark, it changed the dynamics," Hebertexplains. Although Greyhound's name is on the lease for a few moreyears, he says it's only lighting a 2,000-sf data center. Itsheadquarters operations moved in March to the Patriot Tower at 350N. St. Paul St. in the Downtown Dallas.

It's the secondtime that Hebert, who brought the buyer to the table forthis go-round, has sold the building. Matthew Kipp, a seniorassociate in Marcus & Millichap's Newport Beach, CA office,represented the seller, Dr. Herbert Tarlow of Anaheim, CA. "Hewanted to sell because Greyhound was moving out," Hebertconfirms.

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