ADDISON, TX-One Hanover Park, an eight-floor office buildingmeasuring 195,754 square feet in Addison, has been acquired for anundisclosed price. A joint venture between Stockbridge CapitalGroup based in San Francisco and Cawley Partners based in Dallaswas the buyer of the property constructed in 1999. The new ownerhas plans to renovate the building, which has an occupancy rate of78%.
Cawley Partners' Todd Ratliff will handle leasing activities ofthe building, which will be managed by the firm with onsiteemployees. For the full story, go to Dallas Business Journal .
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