FARMERS BRANCH, TX-PacTrust sold the six-story, 181,961-square-foot One Colinas Crossing to TIB—The Independent Bankers Bank (TIB). The buyer plans to move its headquarters to the 12-year-old, class A office building.
The property, located at 11701 Luna Rd., already has JDA Software as a tenant. JDA currently occupies 50% of the building. TIB will occupy the remainder of the building.
Jamie Jennings and Keith Fisher of Stream Realty Partners LP represented the seller, PacTrust. Robert Deptula of Transwestern represented TIB in the transaction. Representatives involved with the sale were not immediately available for comment; an update will follow.