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Shorenstein banks on 'pockets of strength' in Dallas

Landlord buys office tower from KBS in market's highest-priced deal this year
Sterling Plaza, a 19-story, more than 300,000-square-foot office tower in Dallas' Preston Center, has been sold to Shorenstein Investment Advisers. (CoStar)
Sterling Plaza, a 19-story, more than 300,000-square-foot office tower in Dallas' Preston Center, has been sold to Shorenstein Investment Advisers. (CoStar)

A high-end office tower in Dallas' upscale Preston Center neighborhood — with proximity to the city's most-affluent residential homes — has sold to a San Francisco-based property owner.

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