{"id":1004557603,"date":"2021-11-12T07:19:52","date_gmt":"2021-11-12T15:19:52","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004557603"},"modified":"2022-12-08T16:32:19","modified_gmt":"2022-12-09T00:32:19","slug":"origin-investments-trades-suburban-dallas-office-asset","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/origin-investments-trades-suburban-dallas-office-asset\/","title":{"rendered":"Origin Investments Trades Suburban Dallas Office Asset"},"content":{"rendered":"
\"\"<\/a>

Custer Court. Image courtesy of Newmark<\/p><\/div>\n

Larson Capital Management has acquired Custer Court, a Class A office property totaling 121,596 square feet in Richardson, Texas. Newmark worked on behalf of the seller, Origin Investments, and secured acquisition financing for the buyer.<\/p>\n

BrightSpire Capital provided a $16.9 million loan for Larson Capital Management, Collin County records show. Custer Court last traded in 2015, when Origin purchased the multi-tenant property from EQ Office.<\/p>\n

Located on 7.6 acres at 501 W. President George Bush Highway, the three-story office building has 42,000-square-foot floorplates and a parking ratio of 5 spaces per 1,000 square feet. The tenant roster includes MedeAnalytics, Keller Williams Realty and Sedgwick, among others, CommercialEdge data shows.<\/p>\n

Custer Court is less than 20 miles north of downtown Dallas. The office low-rise is 25 miles from Dallas\/Fort Worth International Airport and within 3 miles of CityLine, KDC\u2019s 204-acre transit-oriented development, where to company announced plans for three additional office towers<\/a>.<\/p>\n

As of September, office vacancy across the Metroplex<\/a> decreased to 18.2 percent, a 70-basis-point drop month-over-month, but still well above the U.S. average of 14.9 percent. Despite elevated vacancies, the Dallas-Fort Worth metro’s pipeline<\/a> included more than 5 million square feet of office properties underway, according to CommercialEdge data.\u00a0<\/p>\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

BrightSpire Capital originated $16.9 million in acquisition financing for the Class A property.<\/p>\n","protected":false},"author":1763,"featured_media":1004557605,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21742,21747],"tags":[50999,34604],"class_list":["post-1004557603","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-latest","category-office","tag-newmark","tag-origin-investments"],"acf":[],"yoast_head":"\nOrigin Investments Trades Suburban Dallas Office Asset - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/origin-investments-trades-suburban-dallas-office-asset\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Origin Investments Trades Suburban Dallas Office Asset\" \/>\n<meta property=\"og:description\" content=\"BrightSpire Capital originated $16.9 million in acquisition financing for the Class A property.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/origin-investments-trades-suburban-dallas-office-asset\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-12T15:19:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T00:32:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/11\/Custer-Court-Resized-e1636721277912.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1402\" \/>\n\t<meta property=\"og:image:height\" content=\"1052\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Agota Felhazi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/origin-investments-trades-suburban-dallas-office-asset\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/origin-investments-trades-suburban-dallas-office-asset\/\",\"name\":\"Origin Investments Trades Suburban Dallas Office Asset - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/origin-investments-trades-suburban-dallas-office-asset\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/origin-investments-trades-suburban-dallas-office-asset\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/11\/Custer-Court-Resized-e1636721277912.jpg\",\"datePublished\":\"2021-11-12T15:19:52+00:00\",\"dateModified\":\"2022-12-09T00:32:19+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/bd1ef74130b86a7c6013eaa04b08b28d\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/origin-investments-trades-suburban-dallas-office-asset\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/origin-investments-trades-suburban-dallas-office-asset\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/origin-investments-trades-suburban-dallas-office-asset\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/11\/Custer-Court-Resized-e1636721277912.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/11\/Custer-Court-Resized-e1636721277912.jpg\",\"width\":1402,\"height\":1052,\"caption\":\"Custer Court. 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