IRVING – Canal Centre Investors LLC has acquired Canal Centre, a ten-story, 237,894-sf office tower at 400 E. Las Colinas Blvd.
The building, last appraised for $32.6 million, was 90 percent leased. Tenants include A10 Capital Power Line Services, Parallon Workforce Management, and Volkswagen.
The property includes an adjacent six-story parking garage.
Sperry Van Ness represented the buyer. YH Professionals secured equity from Hong Kong and Honolulu. CBRE represented the sellers, Libitzky Property Companies and Sunwest Real Estate Group.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.