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Renovated Parkside Tower sold for over $100 millionRenovated Parkside Tower sold for over $100 millionhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=161592017-03-27T05:00:00Z2017-03-27T15:00:00Z

​​DALLAS – A partnership of the Illinois Teachers Retirement System and Lincoln Property has purchased the 18-story Parkside Tower at 3500 Maple Ave. for over $100 million.

Built in 1985, the 378,000-sf tower overlooking Reverchon Park in Oak Lawn was recently renovated. Sellers Champion Partners and Building and Land Technology spent $10 million to redo the tower.

Parkside Tower is 75 percent leased. Tenants include Heritage Art & Collectibles, Zenta Business Process Solutions, and Texas Scottish Rite Hospital.

Eastdil Secured marketed the property.

Dallas Morning News
Dallas-Fort Worth-Arlington
Office
http://www.dallasnews.com/business/real-estate/2017/03/24/oak-lawn-tower-sold-pension-fund-investor-100-millionRead more at {Source}

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