JLL closes sale of Galleria Office Towers in Dallas
The three Class A buildings are part of the larger mixed-use The Galleria development
DALLAS, February 19, 2020 – JLL Capital Markets announced today that it has closed the sale of Galleria Office Towers, three Class A office towers totaling approximately 1.4 million square feet at the intersection of the Dallas North Tollway and LBJ Freeway (Interstate 635) in Dallas, Texas.
Galleria Office Towers feature best-in-class amenities, including sleek tenant lounges, bright corridors, inviting lobbies and an extensive fitness center along with airconditioned skybridges. Additionally, as part of the 3.7-million-square-foot mixed-use The Galleria development, the buildings have mixed-use integration with the 1.5-million-square-foot Galleria Dallas Mall and a 448-room luxury Westin Hotel. The property includes two parking garages and a 1.9-acre vacant land parcel at the north end of the 10.37-acre site.
Situated at 13355, 13455 and 13155 Noel Road, Galleria Office Towers are at the interchange of central Dallas’ primary north-south thoroughfare, the Dallas North Tollway, and Dallas’ inner loop, LBJ Freeway. The buildings are exposed to more than 600,000 vehicles a day and have excellent connectivity to the larger metroplex. Additionally, the buildings are proximate to a wealth of corporate tenants and emerging developments.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment advisory, debt placement, equity placement or a recapitalization. The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.
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JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $18.0 billion, operations in over 80 countries and a global workforce of more than 93,000 as of December 31, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.