TXRE Properties has sold the Arlington Interlink office building at 1701 E. Lamar Boulevard to Hielan Real Estate. According to the Dallas Business Journal, Hielan Real Estate secured a $10.5 million loan from Plains Capital Bank in connection with the transaction. The two-story property totals 83,050 square feet and is configured as two rectangular office structures joined by a central lobby.
Arlington Interlink was completed in 1999 and is positioned just off Interstate 30 and State Highway 360. The building sits north of Six Flags Hurricane Harbor and in proximity to the Arlington Entertainment District, which includes AT&T Stadium and Globe Life Field. This location places the property within a heavily trafficked commercial and entertainment corridor.
Dallas-based TXRE acquired Arlington Interlink from Rainier Capital in 2022. Following the acquisition, TXRE undertook a renovation program that was completed in 2025. As part of its value enhancement efforts, the firm increased the property’s occupancy from 36% to 95% prior to the sale to Hielan Real Estate.
Rents at Arlington Interlink range from $16 per square foot to $24 per square foot. The tenant roster is composed mainly of professional services users, including law firms and accounting practices, reflecting demand from small and midsize office users. The combination of recent renovations, higher occupancy and a professional services tenant base positions the building as a stabilized multi-tenant office asset.
The sale of Arlington Interlink and the associated bank financing underscore ongoing investor and lender interest in well-leased, recently upgraded office assets in the Arlington area. TXRE’s execution of a renovation and lease-up strategy followed by a disposition highlights the role of active asset management in repositioning existing office stock.
