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News release

Fort Worth, TX

JLL successfully negotiates sale of Frost Bank property in Hurst, Texas

Regional growth sparks sale of Tarrant County asset


Fort Worth, February 14, 2018 – JLL today announced the firm has completed the sale of 340 Grapevine Highway in Hurst, Texas on behalf of Frost Bank. Westover Hurst, LLC acquired the 13,900 square foot retail property. ​

JLL Managing Directors Pat McDowell and Todd Burnett led the sales team. The Westover Group's Mack House represented the buyer.

"Projected growth throughout North Texas make this a tremendous opportunity for the new ownership group," said McDowell. "340 Grapevine's central location and accessibility allows for numerous option for its future use."

The property is situated at a highly visible, major intersection in Hurst. The sale includes the 2.12 acres of land surrounding the building.

 

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2017, JLL had revenue of $7.9 billion and fee revenue of $6.7 billion; managed 4.6 billion square feet, or 423 million square meters; and completed investment sales, acquisitions and finance transactions of approximately $170 billion. At the end of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of 82,000. As of December 31, 2017, LaSalle had $58.1 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.