Buchanan Street Partners purchased the property in partnership with CarVal Investors from Principal Real Estate Investors.
Richardson Office Center is 90 percent leased to tenants including Boeing, Genpact and Avnet. Buchanan Street plans to complete renovations to the two-building campus, including painting the exterior of the buildings and updating the lobby.
CBRE represented the seller in the transaction, and Buchanan Street was self-represented.
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