Twenty Lake Holdings, a subsidiary of investment firm Alden Global Capital, purchased 33 Greyhound stations across the U.S. from U.K.-based First Group in late 2022 for $140 million. Since then, terminals in major hubs such as Philadelphia and Cincinnati have shuttered and the properties have gone on the market.

Dallas real estate investor and developer Ray Washburne said he bought the Greyhound station at 205 S. Lamar St. in a deal that closed Oct. 10. Washburne is known for his presence in downtown and owns the former Morning Dallas News building on Young Street.

We’ve all seen the data that the Dallas population isn’t growing within the city limits. Most agree that we don’t have enough affordable housing. Some say we don’t have enough housing options, and some say we have too many apartments.