The 90,643-sf Stone Gate Plaza, a 99%-leased project on 10.2acres at 1044 S. Crowley Rd., changed hands in a 45-day cycle,according to Todd McNeill, senior director of Metropolitan CapitalAdvisors Ltd. in Dallas. "It's such a class A project that itwasn't very hard to sell," he adds.

McNeill and Margaux's founder Don Silverman worked the sale ontheir own although it's not part of Metropolitan's usual serviceline-up. "This was very unusual for us to do," McNeill tellsGlobeSt.com. "We were facilitating for a very, very goodclient."

McNeill says Three Rivers Holding came to the table with 1031exchange money, but he's not certain about the source. "We were ondeadline, but we weren't up against the gun or anything like that,"he explains. He adds that Stone Gate was earmarked as thereplacement product shortly before the exchange cleared the closingtable, an offshoot of the buyer cold calling Metropolitan's officein search of a stabilized shopping center. "It was one of thoseshots in the dark," he says about the buyer-seller matchmaking.