(Dallas, Texas) July 9, 2014 – Encore Office, LLC a division of the Dallas-based Encore Enterprises, Inc., has closed on Two Forest Plaza, a 196,215 square foot office building located in Dallas, Texas. The property was purchased from Parmenter Realty Partners.
“We are extremely excited about the addition of Two Forest Plaza to our office portfolio. The building has a strong tenant base and is well positioned to benefit from the DFW office market recovery and completion of the LBJ expansion,” said Mark Cypert, President of Encore Office. Major tenants of Two Forest Plaza include New York Life Insurance Company and La Madeleine, who is headquartered in the building.
The office building is located at 12201 Merit Drive, which provides convenient access to Central Expressway from Coit Road and to LBJ Freeway from Merit Drive. The High Five Interchange makes Park Central one of Dallas’ most convenient locations in the city, with quality access to the suburbs of North Dallas, the CBD to the south, Dallas North Tollway, Love Field Airport, DFW International Airport and Las Colinas to the west.
“We are excited to announce Encore Office’s closing of Two Forest,” said Bharat Sangani M.D., Chairman of Encore Enterprises. “The Property offers a superior office environment that includes corporate architecture, mature landscaping, and access to numerous restaurants and amenities that include landscaped parks and hike and bike trails.”
About Encore Enterprises, Inc.
Encore Enterprises, Inc. is a privately owned national real estate investment company founded in 1999 with corporate headquarters in Dallas, Texas. Encore develops, acquires, and manages hotels, multi-family communities, retail shopping centers, commercial offices, and public-private mixed use developments. For more information about Encore Enterprises, Inc., visit www.encore.bz, or call (214) 259-7000.
About Encore Office, LLC.
Encore Office, LLC is a privately held commercial real estate company focused on the acquisition, ownership, redevelopment and asset management of class “A” commercial office buildings across the United States. For more information about Encore Enterprises, Inc., visit www.encore.bz, or call (214) 259-7000.