Monday, November 10, 2014

Las Colinas office project sold to Cawley Partners

Dallas commercial property investor and developer Cawley Partners said Monday that it has purchased an Irving office building.
Cawley bought the 7-story Las Colinas Highlands, which is located near the southwest corner of State Highways 161 and 114.
The 200,000-square-foot building purchase was financed with funds from PCCP LLC. Terms of the sale were not disclosed.
“Las Colinas Highlands is a great building in a hot market,” CEO Bill Cawley said in a statement. “Being just minutes to D/FW and close to all the amenities Las Colinas has to offer, this building is in a prime location for companies.”
The purchase is Cawley’s third recent acquisition. The company bought the Overlook at Las Colinas in Irving and Toll Hill Office Park in Dallas.
Cawley also has office building projects in the works in Plano and Dallas.