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Korean Investor Group Acquires Stake in One AT&T Plaza in Dallas

  • The entire 37-story tower is valued at about $250 million
  • Building is fully leased by AT&T through the end of 2031
One AT&T Plaza stands in Dallas, Texas.

One AT&T Plaza stands in Dallas, Texas.

Source: Xinhua News Agency via Getty Images

A group of Korean institutional buyers has acquired a majority stake in AT&T Inc.’s global headquarters in Dallas, according to a person with knowledge of the deal.

The deal price and size of the stake weren’t disclosed, but the entire building, One AT&T Plaza, is valued at about $250 million, the person said, asking not to be named because the matter is private. The buyers within the Korean consortium also weren’t disclosed.