“The Dallas Morning News’ historic former headquarters building in downtown Dallas is being sold to a partnership that includes the region’s biggest commercial builder.
Developer KDC is paying $33 million for the 7.2-acre site at Young and Houston streets. It’s partnering with Dallas restaurateur and businessman Mike Hoque in the deal.
Dallas-based KDC has built millions of square feet of suburban office space for companies including Toyota, State Farm Insurance, JPMorgan Chase and Liberty Mutual Insurance.
The pending sale of the vacant office building and surrounding campus comes a year after The News relocated its offices to the historic Dallas Public Library building on Commerce Street downtown.”
Tim’s must reads:
Sears’ ‘tragic’ bankruptcy turns to opportunity as US mall owners court Nobu hotels, Life Time Fitness to fill empty stores
Check out my featured listing this week in Tarrant County!
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