Wednesday, October 29, 2014

Cardinal Swoops On Turtle Creek Office Property

DALLAS (Dallas Morning News) – Another Turtle Creek office tower has been acquired by a company that has plans to redevelop it.

Cardinal Capital Partners Inc. bought the 140,000-sf 3131 Turtle Creek.

The new owner plans to fully renovate the building, which was built in 1972. Updates will include new lobby, signs, exterior landscaping and mechanical upgrades.

Staffelbach has been hired to plan the redo. Lincoln Property will oversee leasing.