DALLAS—VictoryPark is a75-acre mixed-use development surrounding theAmerican Airlines Center, whichis home to the DallasMavericks and Dallas Stars. Itfeatures more than 165,000 square feet of retail, restaurant andentertainment space, 621,000 square feet of class-A office space,the 252-room WDallas–Victory Hotel, morethan 1,700 residential units, and the PerotMuseum of Nature and Science.
Withinthe Victory Park area, a CVSPharmacy hasrecently sold at a 4.6% cap rate, which is the lowest cap rate fora CVS sale in 2016 according to CoStar.The buyer was a Southeast-based real estate company.
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