Encore Enterprises, Inc. (Encore) announces the acquisition of a two-story, Class B medical office building at $114 PSF with 61,356 rentable square feet, located at 16980 N. Dallas Parkway. Situated on 3.144 acres fronting the N. Dallas Tollway north of Westgrove, adjacent to the Quorum/Bent Tree submarket, Encore financed the $7 million property through a bank loan from the Dallas Commercial & Industrial team at Cadence Bank in the inaugural business transaction between the entities. The acquisition grows the Encore Commercial, LLC portfolio to 27 properties under management and marks the sole commercial office asset in the mix.
Read the full article: Encore Enterprises Doubles-Down on Dallas: Acquires Class B Commercial Medical Office Building //
Source: https://www.businesswire.com/news/home/20250609828792/en/Encore-Enterprises-Doubles-Down-on-Dallas-Acquires-Class-B-Commercial-Medical-Office-Building-Reopens-Corporate-HQ-as-Owner-Occupied-Tenant