According to a report in the Dallas Morning News, Research in Motion opted to buy the asset at 5000 Riverside Dr. due to projected US growth plans. Sprint Nextel Corp. is also a major tenant in the building and approximately 50,000 square feet in the complex remains vacant.
Pat O'Keefe, Gary Carr and Eric Mackey of CB Richard Ellis' Dallas office negotiated the transaction. None of the parties involved could be reached for comment.
More information about the transaction can be found in the Dallas Morning News story here.
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