Tag Page WalnutGlen

Dallas office tower sells for a shocking discount

A major Dallas office tower just changed hands for only $26.1 million—less than half its tax value and a whopping $47 million below what it sold for in 2016. Walnut Glen Tower, right off Central Expressway, is now owned by Real Capital Solutions, who say they’ll revamp the lobby, fitness center, and more to attract new tenants. With the building only half full, this could shake up the local office scene. What do you think: Is this a sign of opportunity, or trouble for Dallas real estate? #RealEstate #DallasRealEstate #WalnutGlen