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Monday, 13 February 2017

Piedmont Pays $51Mln for Irving, Texas, Office Property

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Piedmont Office Realty Trust has paid $51 million, or about $162/sf, for a 315,000-square-foot office property at 750 West John Carpenter Freeway in the Dallas suburb of Irving, Texas.

The Duluth, Ga., REIT purchased the property from Columbia Property Trust in a deal brokered by HFF. The acquisition included 3.5 acres of adjoining...

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“The Weekly”

“The Weekly” is Commercial Real Estate Direct’s PDF newsletter, sent to subscribers every Friday morning. With over 100 news stories published on Commercial Real Estate Direct each week, “The Weekly” features the top stories in commercial real estate that industry participants need to know first. “The Weekly” also contains:

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Additional Info

  • Syndicate to Realpoint: No
  • Cities: Dallas
  • States: Texas
  • Sector: Office
  • Subject: Property Acquisitions (ACQ)
  • Valuation: Between $50 million and $100 million
  • Private: Yes
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Dan Moynihan

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