One of Uptown Dallas’ newest and most successful towers could soon be for sale.Opened early last year, the high-rise is almost fully rented thanks to a flurry of recent leasing.
The building was developed by Dallas’ Kaizen Development Partners. And there are unconfirmed reports that the tower has been marketed to potential buyers. The almost 300,000-square-foot tower was recently offered to buyers by commercial property firm Newmark Group. The sale listing was first reported byNewmark Group officials would not confirm that the property is for sale.
The tower could fetch as much as $250 million, or more than $850 per square foot, according to the report. That would be a record price for a Dallas office.took one of the last available spaces in the tower. Other tenants in the office high-rise include financial firm Houlihan Lokey, PMG Worldwide, Shearman & Sterling and Newmark Group.and retail complex on McKinney Avenue. The half-million-square-foot tower went for an estimated $700 per square foot — almost $400 million in total investment.office high-rise near U.S. Highway 75 in Allen was purchased by local firm Pillar Commercial in partnership with an Oklahoma investor.
Ask .realDonaldTrump to buy it!
Can’t wait for Dallas to have even more empty office building space 😍 definitely not a cash grab for developers!