Icahn Enterprises Sells 966K-SF One AT&T Plaza to JV

One AT&T Plaza, the 965,800-square-foot office tower that is home to AT&T’s global headquarters, sold to joint-venture duo Dundon Capital Partners and Woods Capital. The 37-story, Class A building in downtown Dallas is leased to the telecommunications giant through August 2030. Michael Monahan, Gary Carr, Evan Stone, John Alvarado, Eric Mackey, Robert Hill and Jared Chua with CBRE negotiated the transaction on behalf of seller Icahn Enterprises.

AT&T has occupied the building at 208 S. Akard St. since 2008. Ground floor renovations currently underway at the property are part of the $100 million AT&T Discovery District project. Upon completion, several city blocks will be converted to pedestrian-only access, and numerous neighborhood amenities will be added.

CBRE’s Carr told the Dallas Morning News that the asset attracted more than 20 offers.

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