
12th & Sabine
708 East 12th Street, Austin, TX, 78701, US
52,102 平方呎
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.