Deion’s jazzed-up, 5000 square foot plus downtown pad at the top of the Azure changed hands late last month for a cool $4 million. The Hall of Fame defensive back and former major league baseball player unloaded his Prosper spread while the Dallas pad took a bit longer.
It was only last March that we were quite excited about all the activity up at Deion’s Prosper estate.
That is, his former estate. Deion, as you may recall, sold his palatial 29,000 square foot spread (a most befitting noun) at 1280 Preston Road with those talented folks from Concierge auction. Reportedly, the sprawling estate went for under $4 million.
A very magic number for Deion, $4 million.
Then the buyer couldn’t, um, “perform”.
So Jonathan Rosen of the Collective (Briggs Freeman Sotheby’s at the time) set to work as he does to find a buyer who would not just perform, but buy the dust on the road. And of course he did just that.
Deion’s signature estate had 9.5 ish acres (checking a past post to be sure… ) and there were another 24 acres as a sort of buffer that were/are available to an interested buyer. Anyhoo, now the whole area is a development of luxurious homes. So don’t ever worry too much about that happens to big, huge estates: they usually find a cluster of smaller homes to come over and play, and they live happily ever after.
The homes, that is — we don’t know about the people.
Previously, Deion’s Prosper shebang was asking $21 million, the house plus 109 acres. The home had just about everything a professional athlete or the emperor of a small country could want, including a football field, tennis court, pools (one a lagoon-style), a 12-acre lake, basketball court, gym, barber shop, arcade, bowling alley, a guest house, and a huge theater/screening room, and sauna. There’s also an awards gallery! The 29,000 square foot home still has ten bedrooms and ten bathrooms, a commercial-grade kitchen, and soaring two-story foyer. The master closet is the size of most people’s apartments, actually bigger, and there is a sunken sauna tub in the master bath. Don’t forget the turn-table floor in the foyer to the master bedroom.
See, I did it again. Got so caught up in 1280 Preston Road I totally forgot Deion had a penthouse at the Azure in Dallas. Deion just sold that mansion in the sky to Clifford Fischer for a little over $4 million.
The 5081 square foot vertical Azure Tah Mahal closed on July 18, snapped up by Dallas real estate technology megamillionaire Clifford Fischer. Fischer’s firm was the first to merge brokerage services for tenants with software development services for corporate real estate executives, managing the assets of clients like AT&T, Citicorp and FedEx. Now considered the global leader of real estate technology services, Fischer has since grown to become one of the largest corporate real estate services firms with leading edge corporate services and technology.
FISCHER FOCUSES ON THREE THINGS
THE TENANT. THE TENANT. THE TENANT.
At Fischer, we believe representing tenants and landlords in the same transaction ought to be illegal.
Would an attorney represent both a defendant and a plaintiff in the same case? Of course not. That would be a blatant conflict of interest. And yet, that is exactly what happens in most corporate real estate transactions.
At Fischer, we have no firewalls and no disclosures, because we represent no landlords. That is why you’ll never see our name on vacancy signs outside office buildings. This tenant-only focus assures that there is no bias, from the initial strategic planning process through the final transactions.
You’ll never second-guess whether you actually got the best deal you could with us. Fischer is your advocate, your strategist, your broker.
We only sit on one side of the table.
Fischer’s Dallas offices are on Noel Road in North Dallas.
Clifford and his wife, Susan, own a magnificent property at 5100 Park Lane, south-east corner, on the lot that was once, I think, former Mayor Annett Strauss’s home. DCAD has it valued at more than $8 million: we are talking 2.02 acres. Seems like Deion’s pad will be his downtown home. Or maybe the Fischers plan to downsize… stay tuned!