Thursday, December 05, 2013

Las Colinas office complex trades at lender auction

The Campus Circle office complex was built in 1985. (SkyWalker)
A Las Colinas office complex has been purchased by a North Texas property investor.

SkyWalker Property Partners bought the 3-building, 66,885 square-foot Campus Circle offices on 

Campus Circle Drive. The buildings constructed in 1985 are only about 20 percent occupied and were purchased at an auction.

Monarch Behavioral Health Therapy leases 13,730 square feet in one building.

The new owner – which acquired the real estate for an investment fund – plans to remodel the complex.

By Steve Brown