G&E, CBRE COMPLETE 117,000-SQUARE-FOOT OFFICE SALE
RICHARDSON, TEXAS — Grubb & Ellis Realty Investors and CB Richard Ellis (CBRE) have completed the sale of a two-story office building on behalf of tenant-in-common investors. Located at 1410 E. Renner Rd. in the Dallas suburb of Richardson, the approximately 7-acre property features a 117,000-square-foot building and 516 parking spaces. Peter Danna of CBRE represented the tenant-in-common buyer, LBA Realty LLC, with Grubb & Ellis providing advisory services. Russell Ingram and Eric Mackey, also of CBRE, represented the undisclosed seller. The acquisition price was undisclosed.