Dec 17, 2015
First Texas foray carves out Dallas Signature Exchange buy
DALLAS - America’s Capital Partners (ACP), based in Coral Gables, Fla., is ready to carve out a presence in Dallas after the firm secured its first investment in the market —...
DALLAS - America’s Capital Partners (ACP), based in Coral Gables, Fla., is ready to carve out a presence in Dallas after the firm secured its first investment in the market — and what a buy it is.
The firm’s initial purchase is Signature Exchange, a 458,482-sf office complex comprised of two adjoined buildings located at 14755-14785 Preston Rd. in Dallas’ Quorum/Bent Tree submarket.
Sergio Socolsky, CEO of ACP, said "Signature Exchange was the ideal entry since the asset aligns well with our investment criteria with great design integrity, fully renovated common areas, walkable amenities and a prime location."
At the time of sale, Signature Exchange was 92 percent leased to a tenant mix that includes EMC Corp., Regus, Equifax and Yardi Systems.
ACP also opened a local office at 14755 Preston Rd.
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