A. Lee Graham
The Galatyn Park office campus in Richardson has been acquired by Spear Street Capital, a California-based real estate investment company.
Operating within the Galatyn Park mixed-use development, the property offers 800,000 square feet of office space in a four-building office campus.
The park boasts one of the largest available blocks of Class A space in Dallas-Fort Worth, with 600,000 square feet currently available.
“We are very excited about working with Spear Street Capital on their newest DFW acquisition,” said Chris Taylor of commercial real estate services provider Cassidy Turley, commenting in a news release.
Serving as the office park’s leasing team are Taylor and Russ Johnson of Dallas-based Peloton Commercial Real Estate.
Galatyn Park’s 80 acres features a 336-room Renaissance Hotel, the 2,000-seat Eisemann Performing Arts Center, an 8-acre Nature Preserve, a 285-unit multi-family development, and the one million square foot BlueCross BlueShield headquarters. Serving Galatyn Park a Dallas Area Rapid Transit light rail station that was completed in 2002 and connects to downtown Dallas, the surrounding suburbs and Dallas/Fort Worth International Airport. Galatyn Park also is adjacent to the new 186-acre CityLine mixed-use development containing more than 90,000 square feet of retail, as well as the new Whole Foods Market, a 150-room hotel and 500 apartments.