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Florida investor snaps up Addison tower

September 05, 2018 / Steve Brown

A high-profile Addison office tower has a new owner. The 11-story Addison high-rise is located near the southwest corner of the Dallas North Tollway and Belt Line Road in the Quorum office park. Florida-based TerraCap Management LLC bought the 202,000 square-foot office building - it's first such purchase in North Texas. The company has a large portfolio of office properties in the Southeast U.S.