DALLAS-Quadrant Investment Properties LLC has scooped up another property—a North Dallas office building.

Preston Trail Atrium is a a two story brick atrium-style building located near the exclusive Preston Trail Country Club. The Dallas Business Journal says Quadrant's acquisition of the 122,000-square-foot asset is its third buy in the past year.

Media reports say the seller was Cawley Partners, which will continue to manage the property. According to Cawley's marketing, the building in 95% occupied. Terms were not disclosed.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.