Big deals in office in the Dallas metro area.  That will certainly boost some deflating absorption numbers in that sector for the Big D.

- Erik

ONCOR MOVING HEADQUARTERS

DALLAS (Dallas Morning News) - After standing vacant for five years, the 1616 Woodall Rodgers office buildings near Victory Park have been purchased by Oncor for its headquarters.

The power line operator will remodel the two eight-story 1978 and 1992 buildings in the first half of 2010 before moving 500 employees from its current location in the Energy Plaza tower on Bryan St.

With over 260,000 sf of office space, the buildings will also allow room for employee growth.

Peloton Real Estate Partners marketed the property for its owner, a California investment firm, and OMS Strategic Advisors represented Oncor.

Erik Johnson, CCIM
Paul Johnson & Associates
4633 South 14th
Abilene, TX 79605
325 698-5661 office
325 692-8508 fax
325 439-0186 mobile
Erik@PaulJohnsonRealtors.com  
www.pauljohnsonrealtors.com

 

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Erik Johnson, CCIM

Abilene, TX

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Paul Johnson and Associates

Address: 4633 South 14th, Abilene, TX, 79605

Office Phone: (325) 698-5661 x 15

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