Boston Investor Takes Another Office Building Near Dallas’ Love Field

As reported in The Dallas Morning News by Steve Brown

A Boston investor has snapped up another office building near Dallas’ Love Field. Albany Road Real Estate Partners purchased an office at 1250 W. Mockingbird Lane near Stemmons Freeway earlier this year.

 Now the investor has acquired a second, nearby building, One Mockingbird Plaza at 1420 W. Mockingbird.

Built in 1984, the eight-story office has almost 160,000 square feet of space. Tenants in the tower include Wells Fargo, Datum Engineers, Dikita Enterprises and Priority Contracting.

Albany Road Real Estate acquired the building from TXRE Properties, an Irving-based real estate investor. TXRE also sold the previous Mockingbird Lane building to Albany Road.

Newmark Group’s Chris Murphy, Gary Carr, Robert Hill and Chase Tagen brokered the sale.

Both buildings are near the Mockingbird Towers office high-rises, which Albany Road purchased in 2020.

In November, Albany Road bought the Plaza at Solana on State Highway 114 in Westlake, which includes two office buildings and a retail center. Built in the 1980s as part of the original mixed-use Solana business park, Plaza at Solana includes almost 361,000 square feet of space.

The investor also owns the Hillcrest Tower on LBJ Freeway in North Dallas.

Albany Road’s assets total more than $1 billion, and the company has offices in Boston, Nashville, Dallas, Denver and San Francisco.