Lone Tree office building snapped up by Dallas investor

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Douglas County

Property Location: 9380 Station St., Lone Tree, “One Lincoln Station”

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Property Description: 154,229-sf, six-story office building, YOC 2008, Leed certified, fitness center, conference room

Land Size:

Sales Price: $43.75M, or $283.67 psf

Closing Date: 3/12

Reception No.: 2018014919

Grantor: Lincoln Station Phase One LLC

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Grantee: OLS Preston LLC, et al., c/o Spectrum Properties, 214-379-8600

Comments: Leasing brochure from CBRE indicates 147,184 rentable square feet, which reflects a purchase price of $297.25 psf. Property was sold by Mark Katz of HFF, 303-515-8093. Brian Bergersen is the CEO of Spectrum Properties, 214-379-8600.

Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.

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