Thought this was funny with the name involved.. Just replace Ashkenazy with Kikish or Hooknose Jew....

NY investor buys Cityplace tower

02:07 PM CDT on Tuesday, May 1, 2007
By STEVE BROWN / The Dallas Morning News
stevebrown@dallasnews.com

A New York investor has purchased Dallas' Cityplace Tower and is preparing new plans for the building.

Ashkenazy Acquisition Corp. bought the 42-story building on North Central Expressway after several months of negotiation. The 19-year-old granite skyscraper was expected to fetch more than $130 million.

Investment sales firm Holliday Fenoglio Fowler L.P. has been marketing the building to potential buyer since last year.

Ashkenazy, a private investor which has retail buildings in Arlington and Plano, acquired the Cityplace Tower from Pennsylvania real estate investor Brandywine Realty Trust.

Officials with the new owner said it will be a couple of weeks before they are ready to talk about their plans for the building.

"I don't have a release for you yet about what we are going to do," Rick Greenberg, an executive vice president with Askenazy, said Tuesday.

One scheme the new owners have considered is turning part of the 1.3 million-square-foot office tower into residential units, real estate brokers say. Vacant corporate space in the building could also be remodeled into multi-tenant offices space.

The purchase includes the 9-acre building site, which can accommodate additional construction.

The Cityplace Tower opened in 1988 as the headquarters of retailer 7-Eleven Inc., which had about 500,000 square feet of the building. 7-Eleven is moving its offices to the new One Arts Plaza building in downtown Dallas.

Ashkenazy Acquisition Corp. - headed by investor Ben Ashkenazy - owns more than 10 million square feet of office, retail and residential properties in the U.S. and Canada. It's portfolio includes high-profile real estate including the Barneys retail buildings in New York, Chicago and Beverly Hills. The company also owns the River Center Mall in San Antonio.

The investor recently purchased the historic Union Station complex in Washington, D.C.