It’s done: New York investor snaps up Chase Tower in downtown Dallas

After months of working the deal, New York-based Fortis Property Group LLC has acquired one of the tallest skyscrapers in downtown Dallas.

Terms of deal were undisclosed, but real estate sources estimate the tower sold for upwards of $300 million. Fortis Property Group purchased the property — which was last valued at $178.7 million by the Dallas Central Appraisal District — from Houston-based Hines, which was represented by HFF.

Read more at Dallas Business Journal