DALLAS – The 20-story Sherry Lane Place tower in Preston Center has sold to a fund sponsored by CBRE Global Investors.
Major tenants include Bank of Texas, Raymond James and Associates, and Unity Hunt Inc.
Built in 1982, the 300,000-sf office tower is just east of the Dallas North Tollway near Douglas Ave.
The building had been owned by a New York-based real estate investment partnership since 2006.
CBRE will execute a building modernization plan. Cushman & Wakefield marketed the building.
The Texas Real Estate Research Center has more DFW real estate news:
Source: Dallas Morning News