Tuesday, July 17, 2012

Bent Tree a First for California Firm

DALLAS (Dallas Morning News) – A Los Angeles-based real estate investment firm acquired a Far North Dallas office tower.
Regent Properties bought the eight-story, 166,023-sf Bent Tree Tower II at 16479 Dallas Pkwy. after LNR Partners took over the building from foreclosure in 2010. The tower was built in 1982.
Although Regent also owns the 1,050-acre Post Oaks residential community in Frisco, this is the company’s first office acquisition in Texas.
Regent Properties has hired Cassidy Turley Commercial Real Estate Services to manage the office building.