Monday, October 27, 2014

17-story Belo Building in downtown Dallas is sold

belo3The 17-story Belo Building in downtown Dallas has been sold to an international business and investment group after being on the market for several months.
The Dallas Morning News reported that the building at 400 S. Record St., across from Union Station, could be in for a major upgrade.
The building has 235,303 square feet of space and was built in 1985. Previously, itwas the home of Belo Corp. and other tenants, the newspaper said.
The building was put on the market after Belo was bought by Virginia-based GannettCo. in December. It was put on the market this year.
The Morning News said that brokers who handled the sale would not identify the buyers or talk about their plans for the building.

Digital Content Producer-Dallas Business Journal