North Dallas office complex purchased

DALLAS – CBRE Global Investors acquired a two-building North Dallas office complex, with plans to reposition the property with a short-term loan.

Signature Place, the Class A two-building office complex totaling 437,363 sf, sits on a ten-acre site near the intersection of Preston Rd. and Belt Line Rd. in North Dallas. The buildings, built in 1984 and 1986, are part of an office complex that includes a four-story adjacent garage.

CBRE plans to make extensive capital improvements to the property.