DALLAS-Rosemont Realty has acquired two class A office properties here from Younan Properties Inc.
The buildings, Eighty-Eighty Central and 9400 North Central Expressway, total 683,378 square feet. Eighty-Eighty Central is a 17-story, 290,921-square-foot property situated at the intersection of Central Expressway and Caruth Haven Lane. 9400 North Central Expressway is a 392,457-square-foot, 16-story tower that sits on more than five acres along the east side of Central Expressway between Park and Walnut Hill Lanes.
Woodland Hills, CA-based Younan Properties declined to disclose the sale price, but a local expert estimates the transaction exceeded $70 million. The buildings mark the first office acquisitions Santa Fe, NM-based Rosemont has made in Dallas, although the company owns two office buildings in nearby Arlington, a suburb of Dallas.
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