PLANO, TX-Cole Real Estate Investments, a Phoenix-based REIT, has paid $120 million for the regional headquarters of Encana Oil & Gas USA Inc. in Plano. The 12-story Class A office building was recently developed for $88.1 million. The energy producer will lease the entire 318,600-square-foot tower.
Encana's Plano regional headquarters is situated in the Legacy Business Park. Cole was represented in-house by Boyd Messman and Encana was represented by Gary Carr from CBRE's Dallas office. For the full story, go to Dallas Business Journal .
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