Advancial Tower changes hands, making way new local HQ, DMN reports


First United Bank and Woodbine Development have purchased Advancial Tower and plan to use the high-rise as the Oklahoma-based bank’s Dallas headquarters, The Dallas Morning News reported.

The partnership bought the 17-story, 147,000-square-foot building located at Woodall Rodgers Freeway and Akard Street from a group headed by restaurateur and real estate investor Mike Karnes, which has owned the 35-year-old property since 2015, the News reported.

The investment demonstrates the bank’s commitment…

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