DALLAS – The State Teachers Retirement System of Ohio has purchased the 13-story 3131 Turtle Creek office high-rise.
The 140,000-sf tower at the corner of Turtle Creek Blvd. and Cedar Springs Rd. was built in 1972.
In 2014, locally based Cardinal Capital Partners purchased and renovated the building. The redo cost nearly $10 million.
Brokers say the building sold for over $350 per sf.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.