Dallas-Fort Worth, TX – Avison Young, a global real estate advisory firm, announces today the sale of a five-story, 151,340-square-foot office building located at 17787 Waterview Parkway in Dallas, TX. The property is located just steps from the main campus of University of Texas at Dallas (UT Dallas).

Avison Young Senior Vice Presidents Bruce Butler, Susan Gwin Burks, and John Bowles represented the seller, CFT NV Developments, LLC. The buyer was Board of Regents of the University of Texas System/University of Texas at Dallas.

“As one of the premier universities in Texas, UT Dallas has experienced phenomenal growth, requiring the expansion of its infrastructure,” said Butler. “This Waterview property will help support additional university academic and operational needs. UT Dallas intends to occupy the entire property after necessary modifications are completed.”

Built in 1994 and situated on 5.22 acres, the well-maintained property was delivered vacant and features large floor plates and 477 surface and covered parking spaces. It is conveniently located near SH-190 to the north and is minutes to I-75 to the east.