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Dividend Capital Diversified Property Fund Pays $69 Million for Austin Office Portfolio

Pearlmark Real Estate Sells CityView
By Bryce Meyers
CoStar News
April 27, 2015 | 6:44 P.M.

Denver-based Dividend Capital Diversified Property Fund Inc. used a combination of cash on hand and borrowings under its credit facility to acquire City View, a four-building office park in southwest Austin, TX, for $68.75 million or approximately $245 per square foot.

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News | Dividend Capital Diversified Property Fund Pays $69 Million for Austin Office Portfolio