One Glen Lakes
![](https://cdn.sanity.io/images/873dfc4n/production/233d51f64a573ce4b49f36a468c22566d72d3d15-3000x2002.jpg?rect=0,415,3000,1172&w=1024&h=400&auto=format)
- Size170,000 SF
- Built1981
- Stories10
- Parking3.4:1000
- lease
- manage
- own
- sold
The Story
Acquired in 2016 alongside Meadow Park Tower in a 2-building portfolio, Cawley Partners and Stockbridge Capital Group partnered together on a value add strategy along Central Expressway. One Glen Lakes was renovated, leased, and sold in 2019.
The Scorecard
Cost | $22.7 Million
IRR | 3.8%
Multiple | 1.1x
Hold Period | 4 Years
The Location
sold