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IRVING, TX-Close to 10 years after existing the Dallas-Fort Worth region, Parallel Capital Partners has returned with its $125 million acquisition of the 850,000-square-foot Urban Towers from CB Richard Ellis Strategic Partners. The reasons the buyer wants to re-invest in DFW? An attractive climate, pro-business environment, no state-income tax, a central location – and yield.

“We’ve been carefully monitoring the Dallas-Fort Worth market and are seeing good risk-adjusted returns in the market at this time, relative to our other target markets,” Parallel Capital’s managing partner Jim Ingebritsen tells GlobeSt.com.

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