Piedmont Office Realty Trust Acquires Office Property In Dallas For $395M

The office property located at 13155, 13455, 13355 Noel Rd. in Dallas was sold in a transaction that took place on February 12, 2020. The property is situated in the Inwood market and covers an area of 1,400,000 square feet. The sale was conducted by CBRE Global Investors, with Chuck Leitner representing the seller. The buyer was Piedmont Office Realty Trust, with C. Brent Smith serving as their representative.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $282.86 per square foot
• Buyer: Piedmont Office Realty Trust - C. Brent Smith
• Seller: CBRE Global Investors - Chuck Leitner

The transaction involved the sale of an office property in the Inwood market of Dallas. The property, covering an area of 1,400,000 square feet, was purchased by Piedmont Office Realty Trust, with C. Brent Smith representing them. The seller, CBRE Global Investors, was represented by Chuck Leitner.