 |
|
 |
 |
 |
Thursday, November 20, 2008
Office

 |

4/22/2008Crescent Real Estate sells Spectrum Center
by Eric Ramsden | | Spectrum Center | Crescent Real Estate Equities, LP has sold the Spectrum Center in the Dallas suburb of Addison, Texas to Granite Properties. Andrew Levy, Todd Savage, Elizabeth Malone and Kelsey Roop of Holliday Fenoglio Fowler brokered the deal on behalf of Crescent Real Estate. Terms of the deal were not released, but Dallas appraisal records list an assessed value for the building at $60 million. The two 12-story buildings are currently 91 percent occupied to tenants such as Concentra Managed Care, Wachovia Bank, UBS and North America, Inc. Built in 1983, the buildings are located at 5080 Spectrum Drive. Built in 1983, they contain a total of 598,250 square feet and are located at 5080 Spectrum Drive. Addison is located approximately 16 miles north of Dallas and has a population of roughly 15,000. Address: 5080 Spectrum Drive, Addison, Texas Size: 598,250 square feet Built: 1983 Filed Under: Office | | |
Comments on this article
No comments have been posted in the last 15 days!
Send us your comments on this article
crefeed.com -- Related Headlines
|
|
 |
 |
|
 |