55-story Chase Tower sold

​DALLAS – The 55-story Chase Tower on Ross Ave. has ​​​​​been purchased by New York-based Fortis Property Group.

The 1.3 million-sf office tower, built in 1987, received over $10 million in upgrades from its previous owner, Houston-based Hines. It sold for an estimated $285 million.

Stream Realty Partners has been hired to lease the 75 percent-leased skyscraper. Major tenants include Locke Lord LLP, Norton Rose Fulbright, Deloitte & Touche, JPMorgan Chase, Prudential Insurance, and Cornerstone Healthcar​e Group.

HFF marketed the tower. The transaction is likely to be one of the largest property purchases in the Metroplex this year, reports the Dallas Morning News.