Regent Properties has announced the acquisition of Trammell Crow Center, a 50-story, 1.2 million-square-foot, class A office tower located at 2001 Ross Ave. in Dallas. Regent purchased the property from institutional investors advised by J.P. Morgan Global Alternatives.
Terms of the transaction, which marks Regent's third investment via Regent Opportunity Fund V, were not disclosed.
Trammell Crow Center is among the tallest buildings in Dallas, offering panoramic views of the city's thriving Arts District and the wider Dallas–Fort Worth metropolitan area. In recent years, the project has benefited from a comprehensive renovation and capital investments in excess of $180 million to modernize the asset, dramatically improve curb appeal, and create a dynamic, mixed-use destination. Notable additions include the development of a 2,000-space parking garage, a 10,000-square-foot athletic club, a 10,000-square-foot state-of-the-art conference center, a new tenant lounge, en
