DALLAS-Oaktree Capital Management, a Los Angeles-based realestate investment firm, has put 12404 Park Central, a239,103-square-foot office building in Park Central, for sale. Theasking price for the building was not disclosed.

Real estate sources stated that the replacement value of thefour-story office building is approximately $25 million. Theproperty, which sits on a 4.27-acre land, is 86% occupied. Theinvestment firm has employed Jones Lang LaSalle brokers to marketthe building. For the full story, go to Dallas Business Journal .


GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.