Connie Gore |
September 06, 2000
DALLAS-Prentiss Properties Trust is paying $63.3 million for an Oakland, CA, office and development site, action that closely follows a a planned disposition of the REIT's final holdings in Houston and Dallas. The move is not an indication that the Dallas-based REIT, set to be acquired in November by NJ-based Mack-Cali, is reducing its TX presence.