FRISCO - New York-based Investcorp purchased the 160,000-sf Duke Bridges III building at 7460 Warren Pkwy. The three-story building was built by Duke Realty and opened in 2008. Software firm Oracle America Inc. is a major tenant in the project.
The Frisco property was one of four buildings in a $140 million purchase encompassing over 900,000 sf.
In 2010, Wells Core Office Income REIT Inc. paid $49 million to buy the adjoining Duke Bridges I & II office buildings.
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