161 Corporate Center_Property for Sale
161 Corporate Center_Property for Sale
6225 State Highway 161, Irving, TX, 75063, US

161 Corporate Center

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”), on behalf of the Owner has been exclusively retained to present to qualified investors the opportunity to acquire 161 Corporate Center (the “Property” or “Asset”), a 62% leased, 104,578 square foot office building. Conveniently located in Las Colinas at the intersection of State Highway 161 and State Highway 114, the Property is within minutes of DFW International Airport and numerous restaurants, shopping destinations, hotels, and country clubs. Las Colinas, the second largest employment center in DFW, serves as the global headquarters for numerous Fortune 500 & 1000 firms and is also home to large regional hubs for multiple corporate tenants and household names. 161 Corporate Center presents investors with a unique value-add opportunity to acquire an asset at a compelling basis and a discount to replacement cost in one of the largest and most resilient employment hubs in Texas. 

...

Attributes

Building area net
9,716 m²
Occupancy
62%
Year built
1998
Year renovated
2013
Land area gross
2.01 ha
Number of floors
4

Media

Investment Highlights

  • PROXIMITY TO DALLAS-FORT WORTH AIRPORT AND MAJOR THOROUGHFAIRS 
  • SUPERIOR SURROUNDING DEMOGRAPHICS
  • VALUE ADD RETURNS AT BASIS WELL BELOW REPLACEMENT COST
  • DYNAMIC URBAN, MIXED-USE LOCATION
  • STRONG AND RESILIENT DFW ECONOMY
161 Corporate Center 4_Property for Sale
161 Corporate Center 4_Property for Sale

Contact brokers

161 Corporate Center (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
29 Oct 2024