CBRE Will Market Plaza of the Americas

DALLAS–CBRE Capital Markets is marketing the sale of Plaza of the Americas, a 1.2-million-square-foot class A office complex in the Arts District, M-M Properties and Invesco Real Estate have announced. The asset, soon to be on the market, is comprised of two, 25-story office towers that are connected by a 13-story atrium, two levels of retail, and a 12-story parking garage. The property is currently 74 percent leased. 

“Plaza of the Americas is a world-class asset that will appeal to a broad base of national and international investors,” John Alvarado, senior vice president with CBRE, told GlobeSt.com. “The project offers a unique balance of in-place cash-flow security with the added benefit of upside potential through the lease-up vacancy.”