Jul
31
Office Tower Trades Near Downtown Dallas
ByClarion Partners has acquired One Victory Park, a 17-story office building at 2323 Victory Ave.
One Victory Park, Dallas
Dallas—Clarion Partners, on behalf of a commingled fund advised by the firm, has purchased a Class A office building in downtown Dallas, from Hines and its partner, UST XVI, a German investment fund managed by Estein & Associates USA, Hines announced Wednesday. The financials on the transaction were not disclosed.
One Victory Park is a 17-story, 436,253-square-foot office building and an office anchor in the 75-acre Victory Park mixed-use development. The tower reportedly is a short walk from the American Airlines Center, the W Dallas – Victory Hotel, restaurants, retail, and more than 1,700 multifamily units. The LEED Silver certified building was completed in October 2008 and currently is 95 percent leased. Amenities include a fitness center, conference center, 24/7 staffed security and a six-story parking structure…
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