RICHARDSON, TX-P-Richardson LLC, a subsidiary of JP Realty Partners Ltd., and KBS Strategic Opportunity REIT Inc. have jointly acquired five office buildings totaling 728,857 square feet in Richardson for a combined $44.5 million. The joint venture has bought the office portfolio from Equastone LLC.
The portfolio includes 3 two-, five- and seven-story office structures overlooking Greenway Park and Palisades Central I and II off North Central Expressway. The office buildings are 49% occupied by 37 tenants. For the full story, go to Dallas Business Journal .
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