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Korean consortium acquires stake in U.S. corporate campus for $250m
Transactions - SEPTEMBER 19, 2019

Korean consortium acquires stake in U.S. corporate campus for $250m

by Andrea Zander

A group of Korean institutional buyers has acquired a majority stake in AT&T Inc.’s global headquarters in Dallas, reported Bloomberg.

The sales price is estimated to be $250 million.

The article did not list the buyers within the Korean consortium.

The 37-story tower, built in 1983, has been the global headquarters for AT&T since 2008. It is centered in AT&T’s downtown campus, which includes seven office and parking buildings over five blocks.

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