DALLAS–PM Realty Group (PMRG) has acquired One Hanover Park, an eight-story, 195,894-square-foot class A office building located in North Dallas. CBRE’s Eric Mackey, Gary Carr, John Alvarado and Robert Hill arranged the transaction on behalf of the sellers, a partnership between Cawley Partners and Stockbridge Capital.

“One Hanover fits our strategy of buying A-quality properties with value-add returns in markets where PMRG has extensive operating experience,” John Daileyexecutive vice president of investments at PMRG, told GlobeSt.com. “The Dallas/Fort Worth metroplex office market will continue to show improvement as companies are attracted to the business-friendly environment with relatively lower business costs and a well-educated labor force.”

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
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


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 © 2024 ALM Global, LLC. All Rights Reserved.