A Canadian investor has purchased a Las Colinas office tower.
Sun Life Assurance Co. of Canada bought the 13-story Waterway Tower in Irving.
The 221,941-square-foot building at 433 E. Las Colinas Boulevard near State Highway 114 was built in 1982.
Sun Life purchased the building from Florida-based Codina Partners, has owned the building since 2012.
Commercial real estate firm JLL brokered the sale.
“Sun Life hasn’t bought anything here for a while,” said JLL’s managing director Evan Stone. “It’s a huge vote of confidence for the Las Colinas Urban Center.”