PLANO – Innovatus Capital Partners has taken out a $36.2 million loan from CIT Bank to purchase the 236,000-sf Park Center.
Built in 1999, the five-story office building at 2400 N. Dallas Pkwy. was sold by TA Realty, who had owned it since 2013.
The building is more than 95 percent leased to tenants including Learfield IMG College, QBE America, Forescout Technologies, and Capital Title of Texas.
Cushman & Wakefield represented the seller.
Lincoln Property Co. will provide property management and leasing services.
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