Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Key Facts

Year Built 1972
Building Area
Occupancy 64.0 %

Property Description

126k SF, Class B boutique office opportunity in Turtle Creek submarket of Dallas; 64% leased with upside from additional leasing and mark-to-market opportunity as in-place rents are 25% below market.

Investment Highlights

Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively retained to offer qualified investors the opportunity to acquire One & Two Oak Lawn (the “Properties” or “Offering”), totaling 125,725-square-feet in two adjacent office buildings within the core of Dallas’ top-performing Uptown / Turtle Creek submarket. The Offering provides a unique, high-quality boutique office environment in a highly amenitized mixed-use location at an attractive relative value compared to surrounding office product within the submarket. Currently 64% leased with rents averaging 22% below market at expiration, One & Two Oak Lawn represents a rare opportunity to acquire a value-add project in a coveted urban location with significant yield-enhancement available through additional repositioning, lease-up, and mark-to-market.
Last Updated Date: 08 Apr 2020
Andrew Levy
Andrew Levy
Senior Managing Director, Dallas Office Co-Head
License details
LA-BROK.0995686164-ACT TX-0413696
Todd Savage
Todd Savage
Managing Director, Capital Markets
License details
TX-0509026

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

+13129406848
Last Updated Date: 08 Apr 2020

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.