Thursday, November 21, 2013

KBS Buys Uptown Office Tower

DALLAS (CBRE) – KBS Realty Advisors has purchased the 17-story, Class-A Highland Park Place office tower in Uptown.

The 164,011-sf building and adjoined seven-level parking garage is at 4514 Cole Ave. in the Knox-Henderson District.

With an occupancy rate of approximately 83.6 percent at the time of sale, the current tenant mix includes legal services, professional and business services, energy and healthcare. The Law Office of
Frank L. Branson is one major tenant. The building also serves as corporate headquarters for Dickey’s Barbecue Pit.

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