Dallas investor snags 120K-sf Lakewood high-rise

​​PictureDALLAS – August Real Estate Co. has purchased the nine-story Lakewood Tower on Gaston Ave. in the Lakewood shopping center.

The 120,000-sf​ office tower was built in 1981 and recently renovated by seller Caddo Holdings.

Tenants include Wells Fargo, Briggs Freeman Sotheby’s International Realty, and Baylor Scott & White.

Goodwin Advisors marketed the building for sale.

Veritex Bank provided acquisition financing sourced by Hamilton Realty Finance.​

Texas logoThe Texas Real Estate Research​ Center has more on DFW real estate news:

Source: 

Dallas Morning News​

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