A New Jersey-based investor has taken a Southlake building that houses headquarters operations for travel services firm Sabre Corp.
Sabre Corp. occupies all of the Southlake building.A New Jersey-based investor has bought a Southlake building that houses headquarters operations for travel services firm Sabre Corp.near State Highway 114 has been owned since 2021 by Dallas investors Cawley Partners and Staubach Capital and California-based PCCP LLC.
Sabre has been based in the five-story building since 2002. The company consolidated its operations in the larger of two buildings at 3150 Sabre Drive and signed a long-term lease. The Sabre building was constructed in 2001 and was renovated last year. The property includes a full-service cafeteria, an outdoor courtyard, a fitness center and a parking garage for more than 1,100 vehicles.JLL arranged financing for the purchase with Wells Fargo. Terms of the transaction were not disclosed.
Buyer BDP Holdings is a real estate investment company with investments of more than $6.5 billion in more than 30 states. The company has acquired 40,000 apartments and 5 million square feet of commercial real estate.The D-FW area through the first nine months of 2022 has
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