Convergent Capital Partners Acquires Property In Irving Texas With Seller's Rep Newmark

The property involved in this transaction is a 512,269-square-foot office complex located at 600 E Las Colinas BLVD, Irving, TX. The property is situated within the Las Colinas Urban Center and consists of 22 stories. At the time of sale, it was 77 percent leased, with tenants that include multifamily developer JPI. The property features amenities such as a deli, fitness center, and a conference facility.

Summary of transaction details:

• Property Type: Office Complex
• Transaction Amount: Not Specified
• Address: 600 E Las Colinas BLVD, Irving, TX
• Market: Irving
• Seller's Representative: Chase Tagen, Chris Murphy, Gary Carr, John Alvarado - Newmark
• Buyer: Convergent Capital Partners
• Seller: Unknown
• Square Footage: 512,269

The transaction was facilitated by Newmark, with Gary Carr, Robert Hill, Chris Murphy, John Alvarado, and Chase Tagen representing the undisclosed seller. The buyer, Convergent Capital Partners, in partnership with Dominus Commercial Inc., plans to invest approximately $20 million in capital improvements post-acquisition.