A big part of Frisco Square, a mixed-use development near the Dallas Cowboys’ world headquarters and practice facility, has sold to a publicly-traded real estate investment trust. The purchase includes three office buildings, two apartments with ground-floor retail, a Cinemark movie theater and some additional developable land sites.
In all, an affiliate of Kansas City, Missouri-based Maxus Realty Trust Inc. (OTCMKTS: MRTI) acquired more than 213,000 square feet of Class A office and retail space, along with 144 high-end apartments. Terms of the deal were undisclosed.
Click to read more at Dallas Business Journal.