Thursday, February 20, 2014

HFF closes sale of Two Addison Circle in suburban north Dallas, TX


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.


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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