DALLAS - KBS Realty Advisors has purchased 3811 Turtle Creek, an almost 300,000-sf building at Turtle Creek Blvd. and Blackburn St.
The 21-story building is more than 80 percent leased with major tenants including Eagle Materials, Prosperity Bank, Gables Residential and Wilson & Associates.
It was expected to sell for close to $75 million.
KBS plans to spend millions on upgrades for the pink granite tower.
The Oak Lawn building is just one of 4 million sf of prominent office properties KBS now owns in the area, including Preston Commons and Sterling Plaza in North Dallas, Providence Towers in Farmers Branch and Tower on Lake Carolyn in Las Colinas.
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