Feb
23

DALLAS BUSINESS JOURNAL – 02/23/15

LIBITZKY PROPERTY COS. BUYS HIGH-PROFILE LAS COLINAS OFFICE BUILDING

Monday, February 23, 2015 Dallas Business Journal California-based real estate investor Libitzky Property Cos. has bought a high-profile building in Las Colinas’ Urban Center for an undisclosed price. The firm bought a recently redeveloped 10-story, 238,051-square-foot Class A office building, named Canal Centre, within the Urban Center, which also includes a six-story parking garage. The building’s location in the Urban Center of Las Colinas, along with a favorable balance of long-term tenants, will give the investment firm some compelling opportunities for future income growth, said Eric Mackey, a senior vice president at CBRE. Link to original article