Richardson Office Campus Up for Grabs After Total Redo

Investors who four years ago bought a Richardson office campus are putting the property up for sale.The Telecom Corridor business center is just the latest in a series of big commercial properties to hit the market in North Texas.The 4-building campus at 2400 N. Glenville housed the operations for telecom firm Verizon.In 2015 Fort Worth-based Q Real Estate bought the property and launched a major redo.Q Real Estate redid the 25-acre campus' lobby areas, adding lounges, conference centers and other amenities for workers. On the lower level, an outside plaza area got a total makeover, and a new fitness facility and training center were built. The food service area also got a redo.The campus is now more than 90 percent leased to companies including Insurica, CalAmp, BAL Global and Infosys.CBRE is marketing the buildings for sale.The campus is just across the street from the huge Galatyn Commons office complex, which is also for sale.San Francisco-based Spear Street Capital is selling those three buildings which house offices for Goldman Sachs, Steward Healthcare, Service King and Raytheon.  Continue reading...