Transwestern Facilitates Two Building, 233,000 SF, Office Sale
November 21, 2022
FORT WORTH – Transwestern Real Estate Services (TRS) announces its Capital Markets Group has executed the sale of the two-building, 233,110-square-foot, DFW Financial Services Office Portfolio to Vertical Ventures, an established investor, developer and operator of institutional quality commercial real estate assets. The portfolio is located at 4950 Amon Carter Blvd and 14800 Trinity Blvd in the CentrePort submarket immediately south of Dallas-Fort Worth International Airport. Transwestern’s Mike Hardage, Brooks Creech and Angela Heidman facilitated the transaction.
“We liked the risk-adjusted returns for this investment, the outstanding DFW market fundamentals and the strong tenancy at the properties,” said Boyd Messmann, SVP and Head of Acquisitions for Vertical Ventures.
Founded in 2004, Vertical Ventures is an established, highly focused investor, developer and operator of institutional quality commercial real estate assets. The firm concentrates on identifying and acquiring well-located, quality assets in strong markets across the country.
According to Transwestern research, CentrePort's central location places employers in proximity to over 1.2 million workers in Dallas and Fort Worth.
"Optimizing employee commutes are a critical step to attracting employees to the office in the era of remote and hybrid work,” said Transwestern's Research Manager Andrew Matheny.
Photography available for download here.
About Transwestern Real Estate Service
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. Through an integrated, customized approach that begins with good ideas, the firm drives value for clients across commercial real estate services, development, and investment management, and opportunistic endeavors for high-net-worth investors. Operating from 33 U.S. offices, Transwestern extends its platform capabilities globally through strategic alliance partners whose unique geographic, cultural, and business expertise fuels creative solutions. Learn more at transwestern.com and @Transwestern.