American Fidelity Assurance Co. has acquired JPMorgan Chase Bank Tower in Arlington. The 267,780-square-foot, 12-story office tower was sold by Brookfield Real Estate Opportunity Group for an undisclosed sum.
Gary Carr, Russell Ingrum, Eric Mackey, and Robert Hill of CBRE represented the seller in the deal.
The office building sits on 11 acres at 500 E. Border in Arlington, and is 95 percent occupied. Lead tenants include JPMorgan Chase, Texas Health Resources, and Trend Micro, a global technology firm.
Along with a recent $1.2 million upgrade, amenities at the property include an on-site bank, deli, conference center, and easy access to the University of Texas at Arlington’s campus and Arlington’s entertainment district, including Dallas Cowboys Stadium, Texas Rangers’ Ballpark in Arlington, Six Flags over Texas, and the Arlington Convention Center.