The Gutow Co., along with Vertical Partners, acquired the 13-story building a 12001 N. Central Expressway. The nearly 250,000-square-foot office building is along U.S. Highway 75. Gutow plans upgrades for the building.
The Dallas Business Journal reports the building was valued at $28.5 million in 2025. Dallas County land records show the seller was Atlas Coit Central LLC. The entity has owned the property since 2018. The building was built in 1984.
Formerly known as the Atlas Energy Tower, the 246,955-square-foot building will now be known as 12001 NCX. The building is currently 50% leased with 15,000 square feet of new leases secured and additional leases in negotiation.
The revamp will focus on upgrading common areas, revitalizing existing amenities and offering fully built-out, move-in-ready spaces. The company said it expects to begin improvements immediately.
Gutow, founded in 2003, owns a variety of office and apartment complexes across North Texas, with projects located in Dallas, Frisco, Denton, Fort Worth and Lubbock.
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