Thursday, January 07, 2016

HFF Closes Sale of Triwest Plaza

The 17-story building is 75 percent leased and anchored by the headquarters of ClubCorp.
By Anna CaplanDallas/Fort Worth

DALLAS—HFF has closed the sale of Triwest Plaza, a 369,025-square-foot office development in Dallas.
HFF represented the seller, an affiliate of HighBrook Investors, in the transaction.  A private investment group purchased the asset for an undisclosed amount. 
Triwest Plaza is located at 3030 LBJ Freeway/Interstate 635 and is nearby D/FW International AirportDallas Love Field and Galleria Dallas, as well as the city’s premier residential areas. 
Originally built in 1986, the property is poised to benefit from the recent completion of the LBJ Express highway project and the recent renovations completed at the building. 
The 17-story building is 75 percent leased and anchored by the headquarters of ClubCorp.  The building features a 6,000-square-foot health club, a conference center that includes a 40-seat training room and a 16-seat boardroom, an outdoor plaza with water fountain, and a dining area.