Everything you wanted to know about the Urban Core, Uptown and Downtown Dallas, Texas & Dallas Ft. Worth Area Real Estate - Its growth, prosperity, setbacks and unprecedented revitalization is told here...Randall Turner of Harvard Companies, Inc 214-373-0007, 3500 Oak Lawn Avenue, Suite 325, Dallas, Texas 75219
Thursday, December 19, 2013
Macfarlan Capital Partners buys AT&T building in Richardson
Macfarlan Capital Partners has purchased this Telecom Corridor building
located near North Central Expressway and President George Bush Turnpike
for an undisclosed sum.
Dallas-based real estate investment firm Macfarlan Capital Partners purchased a Richardson office building housing Dallas-based telecom giant AT&T Inc.
Terms of the deal were undisclosed.
The two-story, 205,817-square-foot office building, Campbell Glen II, is located southeast of North Central Expressway and the President George Bush Turnpike in Richardson's Telecom Corridor. It is 100 percent leased to AT&T.
The property was appealing to investors based on the high efficiency of the office building and provides a secure income stream with a world-class corporate tenant, said Eric Mackey, senior vice president in CBRE's Dallas office.