$72 Million Non-Performing Office Loan
19 501 mètres carrés
Descriptif
The Institutional Capital Markets Group of Jones Lang LaSalle, Inc. (“JLL”) is pleased to present the opportunity to acquire the fee simple interest in The Centrum, a 400,372 RSF mixed-use asset comprised of 380,326 RSF of Class A Office and 20,046 RSF of well-located retail. Located at the intersection of Cedar Springs and Oak Lawn submarket, the Centrum represents a rare and unique offering to acquire a mix of uses in one of the Sunbelt’s strongest office markets: Uptown Dallas.
Blending to 72% leased with ~6 years of weighted average lease term remaining, the Centrum provides the opportunity to institute a value-add business plan with durable, in-place cash flow.
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Attributs
Superficie du bâtiment brute
37 196 mètres carrés
Occupation
68 %
Année de construction
1987
Année de rénovation
2017
Nombre d'étages
11
Média
Points forts de l'investissement
- Live-Work-Play Atmosphere
- in a Thriving Mixed-Use Urban Environment
- Premier Mixed-Use Asset in Dallas’ Most Desirable Submarket
- Business Plan Optionality with Durable In-Place Cash Flow
- Mixed-Use Outperformance
- Dynamic Location with Access to Decision Makers
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The Centrum (0 Propriétés)
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Dernière mise à jour
30 sept. 2025
