DALLAS – 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.
The Texas Real Estate Research Center has more on DFW real estate news: