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Dallas office complex getting faceliftDallas office complex getting facelifthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=482015-08-28T05:00:00Z2015-08-28T21:00:00ZDALLAS – A joint venture between Houston-based Triten Real Estate Partners and Chicago-based Convexity Properties has purchased a two-building office complex from locally based investment firm Prescott Realty Group.

6060 North Central Expy. is an eight-story, 224,682-sf boutique office building constructed in 1972 and renovated seven years ago. The second building, 6080 North Central Expy., includes a four-story building with three levels of parking and a floor totaling 45,817 sf of office space.

The partnership plans a multimillion-dollar renovation to the buildings to bring them up to Class-AA standards. The firms also plan to build a mixed-use lifestyle center surrounding the properties to focus on offering a work-play-live environment to the neighborhood.

JLL sold the property on behalf of the seller, and Wells Fargo provided financing.
Dallas Business Journal
Dallas-Fort Worth-Arlington
Office
http://www.bizjournals.com/dallas/news/2015/08/27/investors-buy-2-building-office-complex-in-dallas.html?iana=ind_creRead more at {Source}

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