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| Two Addison Circle, 15725 North Dallas Parkway, Addison, TX, a North Dallas suburb |
DALLAS, TX – HFF announced
today that it has closed the sale of Two Addison Circle, a 198,691-square-foot, Class AA office property in
the north Dallas suburb of Addison.
HFF and CBRE jointly marketed the property on behalf
of the seller, Brookfield Property Group.
LPC Realty Advisors, an advisory affiliate of Lincoln Property Company,
purchased the asset on behalf of a public pension fund client for an
undisclosed amount.
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| Addison Circle Park, Addison, TX |
Two Addison Circle is located at 15725 North
Dallas Parkway at the entrance to Addison
Circle, a 70-acre mixed-use development along
the North Dallas Tollway close to the President George Bush Turnpike and LBJ
Freeway.
Completed in 2009, the
six-story property is 89 percent leased to tenants including USAA and Gehan
Homes.
For a complete copy of the company’s news release, please
contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 |
Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
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