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California investor acquires Uptown Dallas high-rise

​​​DALLAS – The Kor Group has purchased the 21-story Gables Uptown Tower on McKinney Ave.

Built in 1986, the tower has 200 rental units and 15,000 sf of ground-floor retail space.

The building is 90 percent occupied with rents starting at $1,200.

JLL marketed the property.

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​Source: Dallas Morning News​

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