Description

JLL Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire The Stack, a new construction creative office building located in Deep Ellum.

The Stack is strategically positioned to capture the sustained momentum of Dallas's economic expansion, driven by continuous population growth and an unprecedented wave of corporate relocations seeking authentic urban environments. Deep Ellum's transformation from historic entertainment district to thriving mixed-use neighborhood has created exceptional demand for creative office space that offers employees walkable access to dining, entertainment, and cultural amenities.

100% leased with 7.7 years of WALT and ~$133M in contractual revenue remaining, The Stack presents an opportunity for stable cash flow and limited capital required during the hold period. Delivered in 2021 and 100% leased within 18 Months, the Stack represents a best-in-class office development execution complete with hospitality-driven amenities and LEED Gold, Wired Platinum, and WELL certifications. Lastly, The Garage at the Stack serves as the only structured deck in the Deep Ellum entertainment district, which will allow future ownership to enjoy upside in transient parking revenue as the district continues to densify.

This investment opportunity combines Deep Ellum's authentic urban character with Dallas's robust economic fundamentals, offering investors a differentiated creative office asset in a submarket experiencing sustained demand driven by both local growth and corporate migration trends seeking locations beyond traditional business districts.

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