KAG ACQUIRES 102,600-SQUARE-FOOT OFFICE BUILDING

DALLAS — Germany-based KanAm Grund (KAG) has acquired Denbury Park II, a 102,600-square-foot, Class A office building located within Legacy Business Park in Dallas. The facility was constructed this year as a build-to-suit for Denbury Resources, which occupies the entire building on a long-term basis. It is also LEED-certified by the U.S. Green Building Council. The seller, Koll Development Co., was represented by the Dallas office of Holliday Fenoglio Fowler. KAG was assisted by Manish Bhatia and Gregory Moore of KAG’s U.S. subsidiary, KanAm Grund America LP. KAG acquired the property on behalf of its KanAm US-grundinvest Fonds.