(Left to Right) Youth 180 president and CEO Keri M. Stitt Solender/Hall Inc. president Eliza Solender and ASD CEO Traswell C. Livingston III. Photography courtesy of Solender/Hall.
Through a collaboration, Youth 180 and AIDS Services of Dallas (ASD) secured a real estate transaction of 10,000 square feet in North Oak Cliff in Dallas.
Youth 180, a substance abuse counseling service for youth and families, partnered with ASD, a nonprofit providing housing and support for those affected by HIV or AIDS. The collaboration will expand their essential services in the community. Solender/Hall, Inc. acted as the real estate broker for the transaction between the organizations, a Preston Hollow-owned commercial real estate firm helping nonprofits find properties.
“The transaction between Youth 180 and ASD is an excellent example of how collaborations can serve the entire community,” said Eliza Solender, president of Solender/Hall Inc. “Both organizations showed remarkable leadership and dedication to their missions, resulting in a beneficial outcome for all involved.”
Youth 180 sold the 10,000-square-foot building at 201 South Tyler St. to ASD and will lease back half of the space for administrative purposes and services. When an offer for the property was received, Youth 180 saw an opportunity to better align its space needs with its budget.
“The decision to explore this real estate opportunity was strategic and forward-thinking. By leveraging the expertise of Solender/Hall and engaging in thoughtful negotiation, we ensure Youth 180 remains steadfast in our mission to empower youth and families through accessibly and sustainable support systems,” said Keri Stitt, president and CEO of Youth 180.
Under the leadership of CEO Traswell C. Livingston III, ASD has served the North Oak Cliff area for more than 37 years. The collaboration stands as a testament to the organization’s community services and will be able to do “more together than they could have done alone.”
“We are thrilled to expand our services with a new community resource in North Oak Cliff,” Livingston said. “This acquisition not only gives us more room to operate, but it also deepens our ties with the community we are dedicated to serving.”
The two organizations have already begun joint grant efforts to enhance community services.
