Endeavor Real Estate Group purchased Preston Sherry Plaza, a mixed-use development in Dallas in an off-market transaction. The building is approximately 165,400 square feet.Â
Located at 8201 Preston Road, Preston Sherry Plaza was renovated in 2024 and offers a mix of Class A office and retail spaces within the Preston Center submarket. Endeavor is planning upgrades to the property that will maximize the tenant experience, which caters to high-end financial, wellness and retail companies.Â
The property is presently 93% leased, with tenants including Hilltop Securities, Frost Bank, Dallas Center for Dermatology and Aesthetics and Sevy’s Grill.
JLL Capital Markets represented Endeavor in securing financing for the acquisition, which a national life insurance company provided. Four Rivers Capital, a private equity firm and developer with a strong focus on retail, was brought in as a partner in the investment.
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