The City of Irving has purchased MacArthur Ridge II, a 260,796-square-foot office building for police and fire department services. Bradford Commercial Real Estate Services brokered the deal and says the city’s purchase of the Class A six-story office building on 7.52 acres at 909 Hidden Ridge in Irving has been in the works since last fall. Bradford’s Richmond Collinsworth and Jared Laake represented the seller, Grupo Haddad, in the direct deal.Â
The Bradford team said it had the mid-rise on the market for lease, but not for sale, when city officials inquired about buying it.
MacArthur Ridge II, featuring a two-story lobby, was developed in 1999 by CalSTRS and subsequently sold to Hines. Grupo Haddad has owned the asset since 2013.Â
The seller had recently completed renovations to the building’s common areas. Amenities include a conference center, fitness facility, deli/lounge space and 24/7 card-key access.Â
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