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.


Staff Writer-Dallas Business Journal
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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.