Description

The Institutional Capital Markets group of Jones Lang La Salle, Inc. (“JLL”), as exclusive advisor, is pleased to present the compelling value-add opportunity to acquire a recently renovated, Class A office campus, 190 Office Center I & II (the “Property” or “Asset”). Located in Richardson, Texas, the Asset encompasses 308,564 SF across two, three-story buildings and 20 acres. The office buildings are currently 43% leased to a creditworthy tenant roster with an average lease term of 4.85 years.

Strategically located in Richardson's established Telecom Corridor, the property features Energy Star-rated buildings with exceptional Highway 190 exposure and top-of-building signage opportunities. Beyond traditional office demand, proximity to major institutions including Baylor Scott & White, Medical City, and the University of Texas at Dallas generates strong medical and educational tenant demand. The 20-acre site offers 4/1000 parking and immediate access to 100+ restaurants within a five-minute drive. 190 Office Center offers a compelling acquisition at an attractive basis with stable in-place cash flow and substantial upside potential through lease-up in Richardson's strong, Class A office market.

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