$72 Million Non-Performing Office Loan
19.501 vierkante meter
Beschrijving
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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Kenmerken
Bruto gebouwoppervlakte
37.196 vierkante meter
Bezettingspercentage
68%
Bouwjaar
1987
Renovatiejaar
2017
Aantal verdiepingen
11
Media
Investeringskenmerken
- 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
Contact adviseurs
The Centrum (0 Eigendommen)
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Laatst bijgewerkt
30 sep 2025
