The AT&T Regional Headquarters building is located in at 4331 Communications Dr. in Pinnacle Business Park just minutes from downtown Dallas. The class A, four-story office building, which is situated on 12 acres, offers 206,040 rentable square feet. AT&T has leased the property through May 31, 2016 with an annual rent of $2.9 million ($14.04 per square foot).

“We are bullish on the Dallas market for its stable environment and abundance of excellent core commercial properties,” says Kim Kundrak, chief acquisitions officer for Cole. “We will continue to seek out investments in this market, especially those that allow us to secure the on-going tenancy of such excellent companies as AT&T.”

The Igloo property consists of a 941,195 square-foot corporate headquarters and distribution, warehouse and manufacturing facility. Located at on 70 acres at 777 Igloo Rd. in Katy, a suburb of Houston, the property includes a two-story, 88,000-square-foot office component, a 380,000-square-foot manufacturing component and a 446,000-square-foot distribution component.

“This purchase is the perfect example of the properties we are targeting for acquisition,” Kundrak says. “We’re singularly focused on the highest-quality assets with long term commitments from the very best tenants. In this case, Igloo Products is the world’s [number one] brand in the cooler industry worldwide, and is well-capitalized and committed to its address. They are the ideal tenant in a terrific property.”