Lakeside Campus in Richardson sails to saleLakeside Campus in Richardson sails to salehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=7242015-06-19T09:51:00Z2015-06-16T00:00:00Z

RICHARDSON - Lakeside Campus consisting of the 414,543-sf, 16-story Tower Lakeside building at 2221 Lakeside Blvd. and the 399,788-sf, four-story building at 2201 Lakeside has been sold.

The buildings were constructed in the early 1990s adjacent to North Central Expressway between Campbell Rd. and Galatyn Pkwy. and are currently occupied by State Farm.

RealPage, a provider of on-demand software and software-enabled services to the rental housing industry, signed a lease with Cawley Partners for 400,000 sf simultaneous with the purchase. RealPage will occupy the space in third quarter 2016.

With the closing of the RealPage lease, Cawley Partners will focus on multitenant leasing of the smaller spaces left on campus and will look to carry out building upgrades.

Cawley Partners and GEM Realty Capital teamed up to purchase the two-building office park.

Read more at CoStar Group.

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CoStar Group
Dallas-Fort Worth-Arlington
http://www.costar.com/News/Article/Cawley-Partners-GEM-Realty-Capital-Acquire-812000-SF-Lakeside-Campus/172380Read more at {Source}

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