Dallas-based Younger Partners completed the sale of a prominent, multi-tenant retail building at the northeast corner of Preston Road and Forest Lane in the highly sought-after Preston Hollow area of Dallas.
The sale of the 4,840-square-foot property at 11810 Preston Road was arranged by Younger Partners Senior Associate Luke Nolan, who facilitated the deal between the buyer and the seller.
The area is bustling with new tenants and activity, including the recently opened Hudson House and Oishii, with other concepts expected to join them soon at the intersection.
Preston Hollow is one of Dallas’ most desirable and tightly held submarkets, known for its beautiful, tree-lined streets, upscale homes and a vibrant mix of boutique retail, dining and local businesses. With an average household income of around $324,000, the neighborhood offers an attractive, refined lifestyle and continues to draw discerning tenants and investors alike.
The Preston Hollow submarket’s strong residential base and location in the heart of North Dallas make it especially appealing to high-end tenants seeking a well-established and prestigious setting.
As the property transitions into new ownership, leasing efforts are being led by Venture Commercial Real Estate.
Younger Partners put together the deal between the buyer, Berlin Interests, and the seller, a private family partnership. The sales price was not disclosed.
