The private investor from La Jolla bought the St. Charles Placecomplex at 1315 N. Cooper St. from Yongshik Kim of Dallas, whoended a 14-year hold with the class C sale, Tarrant County taxrecords show. The four-building asset on 2.4 acres was 85% occupiedat sale time.

Christopher Deuillet with Marcus & Millichap's Dallas officetells GlobeSt.com that the buyer was one of two offers close enoughto full price that the decision was made to close out marketingafter three weeks on the circuit. "It wasn't the asking price, butit was very close to it," he says, adding the deal went full circlein 90 days.

Deuillet says the promise of a Dallas Cowboys' stadium inArlington has piqued investors' interest in all types of propertiesalong Interstate 30, particularly streets relatively close toAmeriQuest Field, the Texas Rangers' homeport and one of theproposed sites for the Cowboys' new turf. "People are hedging betson where the Cowboys will end up," he says. Not only does St.Charles Place fit into the perimeters being eyed by investors, butit's across the street from an elementary school and fronts arecently widened primary thoroughfare.