M-M, Invesco Buy Dallas Mixed-Use Plaza For $100M

Law360, New York (December 23, 2011, 5:30 PM EST) -- M-M Properties has joined with Invesco Real Estate to purchase the 1.2 million-square-foot Plaza of the Americas in Dallas from a seller represented by Holliday Fenoglio Fowler LP, Invesco said Friday, announcing a deal reportedly worth $100 million.

Dallas-based Invesco said the purchase includes two 25-story office towers,a 12-story parking garage and a 13-story atrium that houses 140,000 square feet of shops and restaurants.

The plaza also features a Marriott Hotel, which is separately owned.

The property, which was developed in 1980, is located in the...
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