Wednesday, 2 November 2016

TRANSWESTERN INVESTMENT GROUP, SEOUL-BASED MIRAE ACQUIRE 2.2 MSF STATE FARM CAMPUS IN SALE-LEASEBACK

Four-Building Portfolio Located in CityLine, a 186-Acre, Mixed-Use Project Outside Dallas

DALLAS, Nov 1 (Bernama-GLOBE NEWSWIRE) -- Corporate Properties Trust I LP, a partnership of Transwestern Investment Group and Mirae Asset Global Investments Co, has closed on the acquisition of a 2.2 million-square-foot, mixed-use project in a sale-leaseback with State Farm Auto Insurance Co.

The partnership acquired the four primary office/retail towers, with connected structured parking garages, located in the CityLine development, a 186-acre, mixed-use project developed by KDC. The buildings are designated LEED® Gold and are located immediately adjacent to a primary DART rail line.
http://mrem.bernama.com/viewsm.php?idm=27847

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