Monday, April 4, 2011

HFF closes sale of two-building, Class A office complex in Dallas, TX

DALLAS, TX – HFF announced today that it has closed the sale of Bluffview Towers (top left photo), a two-building, 196,356-square-foot, Class A office complex in Dallas, Texas.

HFF marketed the property on behalf of the seller, Capstar Real Estate Advisors along with an institutional partner.  CDI purchased Bluffview Towers for an undisclosed amount. 

Bluffview Towers is located at 3860 and 3890 Northwest Highway close to Love Field, the residential neighborhoods of Bluffview, Park Cities and Preston Hollow.  The property’s East Tower has 126,132 square feet in seven stories and the West Tower totals 70,224 square feet in four stories.

 Renovated in 2009, the property is 96 percent leased to tenants including GSA, Inland American, Sewell, HEB Grocery and Atrium Companies.

Andrew Levy, HFF Senior Managing Director, (214) 265-0880,
Todd Savage, HFF Associate Director, (214) 265-0880,
 Elizabeth Malone, HFF Managing Director, (214) 265-0880,
Kristen Murphy, Associate Director, Marketing, (713) 852-3500,

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