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Cross Ocean and Lincoln Buy 1M-SF Dallas Offices

Original: Cross Ocean, Lincoln Buy 1M-SF Dallas Offices, Plan $100M Makeover

Cross Ocean Partners and Lincoln Property Company have acquired a roughly one-million-square-foot office property in Dallas and announced plans to invest $100 million in a renovation. The deal, reported by Connect CRE, signals continued investor interest in repositioning large office assets, with the planned makeover expected to modernize the property amid a challenging commercial real estate market.

Why now: The large scale of the purchase and the $100 million renovation plan make it notable news in commercial real estate circles.

Cross Ocean PartnersLincoln Property CompanyDallas

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• Cross Ocean, Lincoln Buy 1M-SF Dallas Offices, Plan $100M Makeover · Connect CRE

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