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REA
June 26, 2019  

Dallas Offices Have Leasing Upside

CBRE Global Investors is marketing a Dallas office building that could command bids of about $150 million.The 458,000-square-foot Premier Place, at 5910 North Central Expressway, is 93% leased. The rents are 40% below the property’s current asking rate, and the marketing campaign, led by HFF, emphasizes the potential to boost rents as leases roll over. The weighted average remaining lease term is 4.7 years.The 20-story property includes a...


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