Wednesday, February 25, 2015
Las Colinas office tower purchased by New York investor
A New York investor has purchased a Las Colinas office tower.
The 10-story Greenway Tower at 1231 Greenway Drive in Irving was sold to a fund represented by New York-based HighBrook Investment.
Terms of the sale were not disclosed.
The 193,000-square-foot office tower is located near State Highway 114 and was built in 1981.
Tenants in the building include Optimal Solutions Integration LLC, America Cash Express and Foru International.
Jay Nelson of North Preston Properties brokered the sale.
HighBrook owns the nearby 122 W. John Carpenter Freeway building in Las Colinas. And the investor has TriWest Plaza on LBJ Freeway in Dallas.
The purchase is the latest in a series of recent office property trades in Irving.
California-based Libitzky Property Companies and Sunwest Real Estate Group of Dallas just acquired the 10-story Canal Centre office building in the Las Colinas Urban Center.
Steve Brown, The Dallas Morning News