205,000-SF LBJ Tower changes hands in North Dallas205,000-SF LBJ Tower changes hands in North Dallashttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=31932014-09-03T11:52:00Z2014-09-03T00:00:00Z

DALLAS - The 205,000-sf LBJ Tower at 8390 LBJ Fwy. near US 75 has been sold. The new owners plan to spend about $1.6 million in improvements on the property, which is about half occupied.

A local investment group purchased the property from Houston-based Millennium First Development, which had owned the building since 2010.

The LBJ Tower is just the latest in a series of office sales along I-635. With reconstruction on the highway more than halfway completed, investors are snapping up buildings along the major thoroughfare.

Dallas Morning News
Dallas-Fort Worth-Arlington
http://bizbeatblog.dallasnews.com/2014/09/investors-buy-lbj-freeway-office-tower.html/Read more at {Source}

 Search NewsTalk Texas