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Colossal: Dallas' Cityplace Tower changes handsColossal: Dallas' Cityplace Tower changes handshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=208892018-08-20T05:00:00Z2018-08-21T00:10:00Z

​​​​A view of the Tower at Cityplace with a view of downtown Dallas in the background.DALLAS – The tallest building outside of downtown was acquired by Highland Capital Management in one of the largest North Texas building sales of 2018.

The 42-story Cityplace Tower on North Central Expressway is on the edge of the city's​​ Uptown district.​​​

Along with the office tower, the property that Highland Capital ​​​​acquired includes underground parking for additional buildings that were never constructed on the site.

Built in 1987, the 1.4 million-sf pink granite tower was planned as the centerpiece of one of the country's largest urban redevelopment projects, which was stalled by an economic crash.

The high-rise has been owned by Florida-based investor Parmenter Realty Partners and Angelo, Gordon & Co since 2013​.
Dallas News
Dallas-Fort Worth-Arlington
Office
https://www.dallasnews.com/business/real-estate/2018/08/16/dallas-landmark-cityplace-tower-new-owner

​Check out Dallas-Fort Worth-Arlington Office Market Research.

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