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First Downtown Dallas mixed-used development sold to New York investor

​DALLAS – Brooklyn-based Shelbourn Global Solutions has acquired Downtown’s first mixed-use development in the largest North Texas office purchase of the year.

Located on Pearl St., the 1.2 million-sf Plaza of the Americas has two 25-story office buildings and a shopping center in a 15-story atrium. It also has a 400-room hotel not included in the sale. It is 60 percent leased with tenants such as Federal Deposit Insurance Corp. and Capital One.

Built in 1979, the landmark development was the city’s first atrium shopping venue and the first locally to have an ice skating rink. A one-acre garden area and eating space replaced the rink in 2013.​

Owners M-M Properties and Invesco Real Estate sold the property. Newmark Group brokered the sale.​​​

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