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Northpark Central, a 491,803-square-foot, 20-story building, was recently acquired by Cornerstone Advisers for an undisclosed amount of money.

Some experts say the building is worth more than $50 million, according to media reports.

Cornerstone hired Transwestern's Dallas office to lease and manage the property, located at 8750 N. Central Expressway.

The Class A building is 90 percent leased and some of the major tenants include The Richards Group, Gilsa Products and CF & Co.

Matt Hurlbut and Fletcher Cordell will head up the leasing team. Susanne Doublin and Nicole Sladovnik will manage the property.

"Transwestern is extremely proud to have been chosen by Cornerstone Advisers to both lease and manage such a prestigious building as Northpark Central," said Jack Eimer, president of Transwestern's Central region, in a written release.


3/21/11, Candace Carlisle, Dallas Business Journal

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