IRVING, TX—CBRE has sold Riverside Commons, a six-building, class A office asset containing 460,297 square feet, 37% of which are currently leased.
The building was acquired by Brookfield Property Group for an undisclosed amount. Gary Carr, Eric Mackey, John Alvarado and Robert Hill of CBRE arranged the transaction on behalf of the seller.
“Investors were attracted to this asset due to its high-profile Las Colinas location and asset quality,” says Mackey, SVP of CBRE. “Riverside Commons also offers tremendous upside through the lease up of available space within one of Dallas' top resurging office submarkets.”
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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.
