DALLAS--KBS Realty Advisors has acquired 3811 Turtle Creek, an Uptown office building north of the Dallas central business district. The property was 82 percent leased at closing; MetLife was the seller. The sale price was not disclosed.

The class A, 295,853-square-foot building is 21 stories tall and was built in 1985.

“We are very excited about our acquisition of 3811 Turtle Creek,” Ken Robertson, KBS central regional president, told GlobeSt.com. “With full-height windows and a park-like location right outside of dynamic Uptown Dallas, it's both convenient and offers some truly amazing views.”

Adjacent to 3811 Turtle Creek is Turtle Creek Village, a mixed-use project that is currently undergoing a multi-million dollar redevelopment, which is anticipated to further draw demand and tenants to the property.

“This property not only provides all the key building blocks that tenants look for today, but it is also well-located within a Dallas's prime submarket and very close to Highland Park, one of the most affluent neighborhoods in Texas,” says Robertson.

“We see a great opportunity to both revamp the property's lobby, common areas and amenities and to capitalize on the evolving area dynamics with the renovation happening at Turtle Creek Village,” says KBS' Dallas asset manager Ryan McManigal.

MetLife worked with Andrew Levy of HFF in the sale.

Newport Beach, Calif.-based KBS and its affiliates own 11 additional properties in the DFW area, totaling more than 4 million square feet, including Preston Commons and Sterling Plaza.