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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.