Piedmont Office Realty Trust Acquires Office Building In Dallas For $395.0M
SOLD
Texas
See Similar DealsOffice1,400,000 SF
Sold 02/11/20
SOLD
Piedmont Office Realty Trust Acquires Office Building In Dallas For $395.0M
13155 Noel Road, Dallas, TX, USA
See Similar DealsOffice1,400,000 SF
Sold 02/11/20
Summary
TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:1,400,000 SF
Transaction Type:Sale
The office property located at 13155, 13455, and 13355 Noel Rd. in Dallas was recently 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 price per square foot was $282.86.
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
Piedmont Office Realty Trust, represented by C. Brent Smith, acquired the office property from CBRE Global Investors, represented by Chuck Leitner.
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Operating Income
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Net Operating Income (NOI)
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
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Annual Debt Service$0.00
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