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News release

Dallas, TX

Real estate investment firm acquires Dallas office multi-tenant asset

JLL retained as strategic leasing partner


Dallas, December 4, 2017 – Reserve Capital Partners and Trinity Private Equity Group announced today that they has acquired Hidden Grove at 12404 Park Central, and that JLL will continue to serve as marketing and leasing partner for the property. The firm served in the same capacity for the previous ownership group. 

The JLL team, comprised of Managing Director James Esquivel, Managing Director Jeff Eckert and Senior Associate Ahnie Sheehy, has brought the asset to its current 100% occupancy with the additions of recent large tenants BenefitMall, Studio Movie Grill's corporate office and Pollo Campero's international corporate office.

"Strategic capital improvements to Hidden Grove has created one of our market's most attractive office environments," said Eckert. "The property boasts top-of-the-line amenities that deliver a one-of-a-kind experience to its tenants in a highly sought-after, centralized location. We are excited to partner with Reserve Capital Partners and look forward to implementing their vision for the property, as well as its current and future tenants."

For more information on Hidden Grove, visit www.hiddengrovedallas.com or please contact Jeff Eckert at +1 214 438 6100 or jeff.eckert@am.jll.com.

 

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $145 billion. At the end of the third quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of over 80,000. As of September 30, 2017, LaSalle Investment Management had $59.0 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit ir.jll.com.