Real estate firm makes first Dallas purchase, plans $20M in renovations


A New York-based real estate firm made its first purchase in the Dallas market, snapping up a property at the intersection of Lyndon B. Johnson Freeway and North Central Expressway.

JMC Holdings LLC said it was attracted to Lakeside Square, a 410,000-square-foot, Class A office tower, based in part on its proximity to the two major highways, the Park Cities and North Texas suburbs.

With its acquisition, JMC is planning $20 million in renovations, including upgrading and expanding existing tenant…

Previous Apartment project site near Arden Fair sold
Next New construction planned for Hamlin Town Center in Horizon West