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55-story Chase Tower sold55-story Chase Tower soldhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=140362016-08-02T05:00:00Z2016-08-02T16:00:00Z

​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

Dallas Morning News
Dallas-Fort Worth-Arlington
Office
http://www.dallasnews.com/business/headlines/20160802-downtown-dallas-55-story-chase-tower-sells-for-estimated-285-million.eceRead more at {Source}

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