DALLAS-Fortis Property Group has acquired The Point at Las Colinas, an 18-story, 403,129-square-foot class A office tower located just south of State Highway 114.

This will add to Fortis's growing presence in the Las Colinas submarket, as the group also owns a 526,000-square-foot, first class office tower located on the intersection of State Highway 114 and 161. NEC is the primary tenant leasing in both buildings, but the complex will now be known as The Apex at Las Colinas Crossing in preparation for Cushman & Wakefield to market the property's more than 270,000 available square feet. Fortis now owns over 900,000 square feet of office space in Las Colinas and is in talks to bring notable tenants to the rapidly growing area.

“These properties will be attractive to corporations looking to move their office space or company headquarters to the thriving DFW market,” said Jonathan Landau, CEO of Fortis Property Group. “DFW has become a hot spot for young professionals and companies alike looking for low cost of living, ease of doing business and a central location. There's tremendous activity in the Las Colinas leasing market, spurred by the new DART rail extension, increased residential development and many new restaurants and shops.”