Talon Private Capital Buys Fully-Leased Office Asset in Uptown Dallas
Seattle-based Talon Private Capital has acquired 2525 McKinnon in Uptown Dallas from KBS Capital Advisors LLC for an undisclosed sum.
The property is a Class A office asset containing 111,722 square feet. It is fully leased.
Gary Carr, Eric Mackey, John Alvarado, Robert Hill and Russell Ingrum of CBRE arranged the transaction on behalf of KBS Capital Advisors LLC.
The granite-clad, eight-story building was constructed in 2003 and sits on .86 acres near the corner of McKinnon Street and Cedar Springs Road. Since 2007, the asset has benefitted from $2.5 million in capital improvements, including a new roof and a speculative suites program.
A five-level parking garage adjoins the office building.