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New owner of two Love Field area office buildings has upgrade plans
Steve Brown
May 6, 2016

California-based investor Buchanan Street Partners bought the Bluffview Towers located at the north end of the airport.

The almost 200,000-square-foot office project at Northwest Highway and Lemmon Avenue is more than 80 percent leased.

The surge in airline traffic and business at Love Field was a major factor in the buildings’ purchase, said Buchanan Street vice president Matt Haugen.

“We have noticed a significant change in Dallas in that area,” Haugen said. “We’ve been watching the Love Field statistics.

“We believe the area around Love Field will see expansion as corporations view that as a more preferred area,” he said. “A lot of executives that live in the Park Cities would love nothing more than take shorter commutes.”

Haugen said the nearby affluent Bluffview and Preston Hollow neighborhoods were also a strong driver for his company’s purchase.

“We are going to reposition these buildings and bring them up to a first class standard,” Haugen said. “We are going to put our brand on these buildings.

“We are a believer in the Dallas market – this is our fourth investment in the last 16 months.”

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