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News release

Dallas, TX

Financial services firm announces sale of Dallas Uptown property

Organization expects to benefit from strong growth as they relocate to Midtown area


​​​2401 Cedar Springs in DallasDallas, January 9, 2018 – JLL announced today the successful negotiation of a new office lease for GuideStone Financial Resources, as well as the sale of GuideStone's Cedar Springs office building. The firm is relocating their headquarters from 2401 Cedar Springs in Dallas to Pinnacle Tower, located at 5005 LBJ Freeway in North Dallas near the Galleria. GuideStone has owned the Cedar Springs property since 1989.  

JLL Capital Markets Managing Director Jack Crews led the sale of the property.

"This is truly a transformational accomplishment for GuideStone," said Crews. "They were able to capitalize on the historic demand of Dallas' Uptown and DFW's position as one of the top investment markets in the nation. The timing couldn't have been better."

Pinnacle Tower - 5005 LBJ Freeway in North DallasJLL Managing Director Brad Selner and Executive Vice President Brooke Armstrong negotiated the new 115,000 square foot office lease on behalf of GuideStone.

"When GuideStone secured their o​ffices in Uptown nearly three decades ago, they were pioneering and now their investment is paying off," said Armstrong. "Thanks to careful planning and foresight, they've secured their next office in a great, centralized location, and positioned themselves for future success for their participants."

GuideStone Financial Resources plans to move into their new office in late summer 2018.


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.