The downtown Dallas Greyhound station is closing for the worst reason of all: a company has decided the property is worth more putting something else there:

Twenty Lake Holdings, a subsidiary of investment firm Alden Global Capital, purchased 33 Greyhound stations across the US from UK-based First Group in late 2022 for $140 million. Since then, terminals in major hubs like Philadelphia and Cincinnati have shuttered while their properties have been put on the market.

The lease for the downtown Dallas terminal will not be renewed, but a new location has not yet been identified, a spokesperson for Greyhound confirmed in an email Wednesday. The 26,000-square-foot property at 205 S. Lamar St. is worth $2.8 million, according to the Dallas Central Appraisal District.

dallasnews.com