Millennium Tower purchased

San Francisco-based RREEF North America recently sold the 353,461-square-foot Millennium Tower in Dallas, Texas, to a real estate investment trust for an undisclosed price.

KBS REIT's acquisition of the 14-story, class A office building bring the REIT's Dallas/Fort Worth portfolio to 792,539 square feet. The property includes 3.34 acres and a six-level parking garage with a parking ratio of 3.7 per 1,000 square feet. It also has an on-site café, bank and property management office.

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