UT Dallas Acquires Vacant Office Building From CFT NV Developments At Waterview Parkway In Dallas

UT Dallas has completed the acquisition of a vacant office building at 17787 Waterview Parkway, which encompasses 151,340 square feet and is situated on 5.22 acres in the Dallas market. The property was sold by CFT NV Developments, the development arm of Panda Express.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 17787 Waterview Parkway
• Market: Dallas
• Size: 151,340 square feet
• Acres: 5.22
• Buyer: UT Dallas
• Seller: CFT NV Developments
• Brokers: Bruce Butler, John Bowles & Susan Gwin Burks - Avison Young

The brokerage team from Avison Young, consisting of Bruce Butler, Susan Gwin Burks, and John Bowles, facilitated the transaction. Following renovations, the university intends to occupy the office building.