X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DALLAS-The local office of Cushman & Wakefield has closed the sale of two properties totaling more than 120,600 sf for an undisclosed amount. The transactions involve Choyce Knedrick’s selling its 26,500-sf property at 5308 Maple Avenue, and The Home Depot’s disposition of a 94,132-sf building at another location.

The Maple Avenue structure is the former headquarters of Mapsco and has a certified appraisal value of about $1.1 million. Graham Investments subsidiary McHall Properties in Dallas is now the building’s new owner.

Little information has been released on the Home Depot property, which has been sold to Shreveport, LA-based Crenshaw Investments. The building formerly served as a lumber distribution facility, but Crenshaw plans to use it for warehousing and distribution purposes under the name Red River.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE Awards 2020Event

These awards honor the industry's most influential and knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.