Albany Road Acquires 285,000 SF Office Portfolio in Arlington

As reported in ReBusinessOnline by John Nelson

ARLINGTON, TEXAS — Albany Road Real Estate Partners, a Boston-based investment firm, has acquired Centerpoint I, II and III, a portfolio of three office properties totaling 285,000 square feet in Arlington. The property was 94 percent leased at the time of sale, with the North Central Texas Council of Governments accounting for more than half the occupancy. Creighton Stark and Chris Boyd of Colliers International represented the seller, a German investment firm, in the transaction. Other terms of sale were not disclosed.