Search
 

Colliers Arranges Sale for 458,338 SF Allstate Complex

IRVING, TX-The three-building campus was purchased by Cole Real Estate Investments. This is one of the largest deals in DFW area since the 2008 downturn.

By David Phillips | Updated on July 16, 2013

IRVING, TX-Colliers International has sold Allstate’s Irving campus, comprised of three office buildings totaling 458,338 square feet. The buildings are located at 8701-8711 & 8675 Freeport Parkway and 8901 Esters Boulevard. Cole Real Estate Investments purchased the property from the Allstate Insurance Company in a sale-leaseback transaction, one of the largest sale-leasebacks in DFW since the 2008 market downturn.

Creighton Stark and Ben Lurie with the Capital Markets Group of Colliers Dallas, along with Bill Fausone, president of Colliers Chicago, represented the seller. The buyer did not have a representative.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.