Landmark Building Success Story

Arlington, TX 65,205 SF Office

SkyWalker began asset management in 2005 for a local investment partnership’s acquisition of an office building located at 2201 N. Collins in Arlington.  We recommended modest capital updates, management changes to reduce operating expenses and renewal of several key leases at the property, all aimed toward increasing the property’s value for disposition.  In just over three years of managing this asset, occupancy increased from 75% to 90%, major near term rollover risk was eliminated, and operating expenses were reduced by over 10%.  In mid-2008 the property sold for 42% more than the partnership’s original investment

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