2401 Cedar Springs

Jones Lang LaSalle, Inc. (“JLL”), as exclusive advisor, is pleased to present the unique opportunity to acquire the fee simple interest in 2401 Cedar Springs, a premier Class A office asset strategically positioned in Dallas’s highly sought-after Uptown submarket. The Property encompasses 198,456 rentable square feet and is currently 65% leased with a weighted average lease term of 5.4 years, and a 35% mark-to-market opportunity, providing investors with both immediate cash flow stability and significant value-creation potential through the remaining lease-up opportunity.

Located at the dynamic intersection of Cedar Springs and Maple Avenue, 2401 Cedar Springs sits at the heart of Uptown’s emerging center of gravity. This strategic positioning places the asset within one of the top-performing office submarkets in the country, benefiting from Uptown’s continued growth trajectory and vibrant mixed-use environment. The submarket’s combination of urban amenities, premium retail experiences, and proximity to downtown Dallas creates an institutional-quality location that attracts and retains premier tenancy.

The investment opportunity at 2401 Cedar Springs presents a compelling value proposition through its unique combination of financial stability and tangible upside potential. The existing tenant base provides a foundation of predictable cash flows with meaningful lease term remaining, while the 35% vacancy represents an immediate opportunity to enhance returns through strategic leasing initiatives. This dual benefit structure, coupled with the Property’s prime location in one of the Sunbelt’s most dynamic urban markets, creates an attractive risk-adjusted investment profile for institutional capital seeking exposure to the Dallas office market.