State Farm Mission Statement Seven Ugly Truth About State Farm Mission Statement

A California broker has airtight up a abandoned Richardson appointment building.



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Los Angeles-based BH Backdrop bought the 2021 Lakeside Boulevard architecture on U.S. Highway 75 in the Telecom Corridor.

The four-story, 60,000-square-foot architecture was complete in 1991 and is vacant.



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Located abreast the northeast bend of U.S. 75 and Campbell Road, the acreage is in an breadth that’s seeing redevelopment and business moves.



“We admired the admeasurement of the Lakeside asset, as it offered an accomplished leasing befalling adapted to a sole addressee or assorted tenants fatigued to its high-visibility location,” Andrew Van Tuyle, chief managing administrator of investments for BH Properties, said in a statement. “Our business plan is to buy vacancy, abnormally in high-growth areas like Dallas-Fort Worth, which has bent the eye of abounding ample corporations such as State Farm Insurance, which congenital one of three bounded campuses here.

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“It is difficult to accretion a abandoned architecture of this affection in Richardson.”

Terms of the auction were not disclosed. Mac Morse of Citadel Partners brokered the transaction with Jeff Wood of JLL. Chuck Sellers of Avison Young will handle leasing.

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The Richardson architecture is BH Properties’ additional accretion in the D-FW area.

In aboriginal 2018, the broker acquired a two-story, 122,300-square-foot appointment in Richardson at 1410 E. Renner Road. The Renner Road architecture was aforetime active by AT&T and is actuality remodeled.

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BH Backdrop owns office, automated and retail backdrop in California, Arizona and Texas. It has added than 2 actor aboveboard anxiety of absolute acreage in Dallas, Houston, El Paso and Austin.

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Last Updated: January 8th, 2020 by darurat
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