In Premier Place, Glenstar Acquires Top-Tier Investment

THE PURCHASE PROVIDES NEW OWNER GLENSTAR WITH A BOUTIQUE HOSPITALITY-INSPIRED REPOSITIONING OPPORTUNITY WHEREIN THE FIRM HAS PLANNED A MULTI-MILLION DOLLAR INVESTMENT CAMPAIGN THAT WILL TRANSFORM THE BUILDING.

Top tier is the descriptor most used for an office asset located at 59010 North Central Expressway. Glenstar recently acquired Premier Place, a 457,000-square-foot class-A office building, with a 62,000-square-foot Life Time Fitness club. The sale price was not disclosed.

Source: GlobeSt.com