FOR IMMEDIATE RELEASE
DALLAS (March 1, 2013) – Adler Realty Investments Inc., a real estate investment and development firm, today sold Tennyson Office Center in the Legacy area of Plano, Texas to Greenfield Partners. The 250,000 square foot is located at 6100 & 6200 in the City of Plano. Infosys, Retalix, & Auction.com are the major tenants.
“We are very pleased with the outcome of this investment and with our success in the Dallas market,” said Michael Adler, president of Adler Realty Investments. “We are aggressively looking for other opportunities throughout Dallas and the South Western U.S.”
Brokers on the deal were Gary Carr and Eric Mackey of CBRE in Dallas who represented both seller and buyer.
ABOUT ADLER REALTY INVESTMENTS
Adler Realty Investments, Inc. is a full-service real estate investment and development firm with over $600 million in acquisitions since inception. ADLER’s real estate portfolio consists of more than 2.7 million square feet of office, industrial, retail and multi-family residential properties in Texas, California, Colorado, and Arizona, as well as vacant land for future development. ADLER’s trademark is its unparalleled ability to identify, analyze, negotiate and close transactions involving many different types of real estate. ADLER has the experience and expertise required to execute management and development strategies to maximize a property’s value in the market.
For more information, please contact Michael Adler at (818) 884-2200 or visit www.adler-realty.com. Adler Realty Investments, Inc. is located at 20951 Burbank Boulevard Suite B, Woodland Hills, California, 91367.
CONTACT:
Jo Hunt/Melisa Glasberg
DeLyon-Hunt & Associates
1444 Aviation Boulevard Suite 101
Redondo Beach, CA90278
Ph 310.541-2800 Fax 310.798.1173
melisa@delyon-hunt.com
