MARCH 10, 2020
Balfour Pacific Acquires Toll Hill Office Park in Dallas
Balfour Pacific Capital Inc. (“Balfour Pacific”) is pleased to announce the acquisition of Toll Hill Office Park, a two-building, two-storey Class B office portfolio in Dallas, Texas. The transaction closed on March 10, 2020.
Toll Hill Office Park encompasses 248,045 s.f. of office space situated on a nine-acre site with ample surface and underground parking. The property is located in the East LBJ Freeway submarket, north of the CBD, at the intersection of two major freeways. Toll Hill Office Park has excellent accessibility to Metro Dallas, affluent neighborhoods, The Galleria Dallas’ retail and dining amenities and the Dallas Fort Worth International Airport.
“We are thrilled to be acquiring this high-quality asset that conforms squarely with our investment strategy,” commented Balfour Pacific’s Managing Partner, Mark Scott. “We expect the region to benefit from corporate relocations and expansions driven by a diversified economy, well-developed infrastructure and a highly-educated workforce,” he added.
About Balfour Pacific: Balfour Pacific Capital Inc. is a private equity real estate firm focused on value-added investments in the United States. Should you wish to learn more about Balfour Pacific, please visit our website, www.balfourpacific.com.