Signature $58.5M sale: Florida investor purchases Dallas office complexSignature $58.5M sale: Florida investor purchases Dallas office complexhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=115652015-12-21T06:00:00Z2015-12-21T16:00:00Z

​​​​DALLAS - A Florida investor has purchased Signature Exchange, a two-building office tower project located at 14785 Preston Rd.

Coral Gables-based America’s Capital Partners bought the almost 500,000-sf, Class A office complex located in the Far North Dallas submarket.

Built in the 1980s, Signature Exchange contains two connected office tower whose average yearly rental rate is $22 per sf.

The building located just south of Belt Line Rd. is more than 90 percent leased with major tenants including Regus, Equifax, Yardi Systems and EMC Corp.

CBRE Capital Markets arranged a $58.5 million loan for the acquisition.
Dallas Morning News
Dallas-Fort Worth-Arlington

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