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Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to present to qualified investors the opportunity to acquire the TOWERS AT PARK CENTRAL (the “Property” or “Towers”), three Class A office towers encompassing 845,919 square feet located within North Dallas’ Park Central district. The Property features an unmatched amenity base including state-of-the-art conference facilities, a fitness center, outdoor seating areas, tenant lounges, and the adjacent 536-key luxury Westin Hotel. Located at the intersection of LBJ Freeway (I-635) and North Central Expressway (US-75), the Property benefits from its excellent accessibility and visibility with 575,000 VPD and its strategic location bound by the area’s most affluent neighborhoods. At 68% leased with in-place rents 15% below market, Towers at Park Central is a recently renovated value-add opportunity of scale with stable cash flows and significant upside by way of lease-up of current vacancy and mark-to-market strategy.
- 845,919 Total SF
- 68% Leased
- 15% Below-Market In-Place Rents
- 3.2/1,000 SF Parking
- Renovated 2019