Plans for a new Uptown Dallas high-rise project are moving ahead. Trammell Crow Co. plans to build the 27-story office and retail tower at McKinney and Maple avenues just north of downtown. It’s one of the largest Dallas real estate developments announced in the last year.
Skanska, a leading global development and construction firm, today announced South Korean financial group Hana Alternative Asset Management, alongside Hana Financial Group, will purchase a 95 percentage stake in the Skanska-developed and built 2+U office and retail tower in Seattle for approximately $669 million. The divestment will be recorded by Skanska Commercial Development USA in the fourth quarter of 2020. Hana will acquire and begin operations of the 2+U development immediately in conjunction with Hines asset management and property management. Skanska will continue to be involved in the project and complete the ground plane and retail vision. The divestment marks the largest single-property real estate transaction in the U.S. since the beginning of the Covid-19 pandemic.
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