RESEARCH IN MOTION BUYS RIVERSIDE COMMONS

IRVING, TEXAS — An affiliate of Research in Motion has acquired Riverside Commons, a six-building, 460,297-square-foot office campus located in the Las Colinas submarket of Irving. Constructed in 1986, the campus comprises 13 acres in a park-like setting. It recently underwent a $5.7 million renovation and repositioning campaign. Occupancy was 86 percent at the time of closing. The largest tenant presently at Riverside Commons is Sprint Nextel Corp., which occupies 211,315 square feet. Research in Motion had previously occupied 134,177 square feet at the property, which it was using as its company headquarters. Research in Motion was represented by Pat O’Keefe of CB Richard Ellis’ Dallas office; Gary Carr and Eric Mackey, also of the firm’s Dallas office, represented the seller, Dallas-based Westmount Realty Capital. The acquisition price was not disclosed. Research in Motion is most known as the maker of the Blackberry mobile device.