Behringer Harvard Acquires Bent Tree Green

by PegNews wire

DALLAS — Behringer Harvard commercial real estate company announced today its separate acquisitions of Bent Tree Green and Las Colinas Commons, two properties located in the Dallas- Fort Worth Metroplex. Bent Tree Green is a three-story office building situated in Dallas's Platinum Corridor, and Las Colinas Commons is a three- building office portfolio located within the Las Colinas submarket in Irving, Texas.

"These two properties are an excellent complement to our real estate portfolio," said Robert M. Behringer, founder and CEO of Behringer Harvard. "We are pleased to buy these well-located assets for our investors."

Located at 17300 Dallas Parkway, Bent Tree Green features two three-story landscaped atriums and contains 138,448 square feet of rentable space. Constructed in 1983, the building is served by two levels of below-grade parking with 339 parking spaces, along with 93 surface spaces. Offices on the building's east side enjoy views overlooking the Bent Tree Country Club golf course.

Bent Tree Green is more than 70 percent leased to 19 tenants including Colonial Realty Limited Partnership, a national real estate investment trust; and CMC Commercial Realty Group, Inc., a commercial real estate firm.

Source: Behringer Harvard