$72 Million Non-Performing Office Loan_Property for Sale
$72 Million Non-Performing Office Loan_Property for Sale

$72 Million Non-Performing Office Loan

Description

Jones Lang LaSalle (“JLL”) has been retained on an exclusive basis by the Seller to arrange the sale of a $72 Million Dallas Office Loan (the “Loan” or “Note”). The Loan is secured by the first priority deed of trust on the fee simple interest in a Class A Office Property in Dallas, Texas (the “Property,” “Asset,” or “Collateral”).


The Property encompasses 209,910 rentable square feet, is 78% leased, has 2.5 years of weighted average lease term, and is located in one of the top performing submarkets in the country, Uptown, Dallas. The Asset is well positioned for near-term value creation through renovations and additional lease up. With Uptown rents having increased by 30%+ in the last 5 years coupled with the Asset’s short term weighted average lease term, there is immediate opportunity for the Investor to reposition and mark the asset to market.


The offering presents investors with the ability to acquire a non-performing loan at a favorable basis, significantly below replacement cost, with a potential path to ownership of a best-in-class Uptown office asset.

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Attributes

Building area net
19,501 sm
Occupancy
78%
Year built
1999
Land area gross
0.75 ha

Media

Investment highlights

  1. Highly Competitive Basis
  2. Value Creation Opportunity with Near Term Mark to Market
  3. High Quality, Prestigious Office Tower
  4. Ideally Located with Abundance of Walkable Amenities
  5. Resilient, High Barrier Market

Contact brokers

$72 Million Non-Performing Office Loan (0 Properties)

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Last updated
Sep 16, 2025