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.