DALLAS--Stewart Creek Office Center II, a class A office building in Frisco, has been sold. Creighton Stark and Jack Minter, of Colliers International, represented the seller, Stewart Creek International Investors. The buyer and sales price was undisclosed.

“The seller was able to dispose of the property at its maturity and take advantage of a bustling Frisco submarket,” Stark, executive vice president, told GlobeSt.com. “This building's close proximity to a mile Frisco leaders have nicknamed the $5 billion mile, make it a prime investment for the new owner.”

Stewart Creek Office Center II is at 5750 Genesis Court near the Dr Pepper Ball Park, Frisco Convention Center and Toyota Stadium. It was developed in 2006 by the ownership because of its access to numerous restaurants, retail, recreational amenities and strong demographics. It is 100 percent leased to 10 tenants including financial, engineering and consulting professionals.

“Due to the timing of the sale, we were able to secure a higher-than-expected sales price for this particular submarket,” says Stark, executive vice president at Colliers. “The robust Frisco submarket, the location of the property along major thoroughfares, and the highly desirable demographics make this one of the most sought-after areas in the Dallas-Fort Worth Metroplex.”