Offering Type: Sale

Younger Partners, as exclusive advisor for the Receiver, is pleased to present the opportunity to acquire Preston Plaza (the “Property”), a prominently positioned office building located in North Dallas at the high-profile intersection of Preston and Frankford Roads. The Property consists of a 10-story, trophy office tower spanning 259,000 SF with a 5-level structured parking garage on a 6.29-acre site. The Property is currently 35% occupied, and offers untapped upside through reinvigoration. The offering is being made unpriced and on and “as-is” basis. Originally constructed in 1986, Preston Plaza has been meticulously maintained and renovated a number of times, most recently 2020. The latest modernizations have laid the groundwork to reclaim a spot amongst the premier office assets in North Dallas.

The opportunity at Preston Plaza is to continue pursuing small, suburban office tenants that are the bread and butter of North Dallas, while backfilling larger vacancies that were created in the last year. When you consider the fundamentals of an attractive acquisition basis, dynamic location and in-place amenities, then layer in fresh capital to aggressively pursue tenants, the result is a range of repositioning and possible development strategies in the nation’s strongest market for job and population growth. Preston Plaza is uniquely positioned to appeal to the surrounding residents and provide a vibrant live-work-play location on Preston Road that avoids the daily grind of the Dallas North Tollway. Preston Plaza offers an unparalleled mixed-use amenity base and prestige of a true Class A office environment amongst the mostly Class B competitive set on Preston Road.

Available at a staggering discount to replacement cost (est $450/sf), Preston Plaza is located on a highly coveted and efficient 6.29-acre redevelopment site. The existing occupancy (35%) offers contractual revenues to operate the building and bridge the gap while pursuing zoning and entitlements for a reimagined use of a true in-fill location.

The Venus/Alvarado submarket has been transformed over the past two years by industrial, residential, and retail developers and the momentum shows no signs of slowing. Now is a good time to enter into this submarket while property values continue to rise, though land still remains significantly more affordable to developers than property most all other areas of North Texas.

Major international and local developers have purchased thousands of acres between Alvarado and Midlothian, along 67, within the past three years. Most of the land in the submarket is now owned by developers with plans to develop. This ±53 acre property has been owned by the same family for generations and they’ve decided it’s time to sell. The property is roughly 22 miles from the CBDs of Fort Worth and Dallas, and also the DFWIA.

Lackland Center was formerly the home of Privia Medical Group
and offers potential buyers an outstanding basis in an attractive office
building in the well regarded West Fort Worth market. An appealing
option for medical, back office and governmental tenants,
the building offers an array of leasing options. Adjacent to abundant
green space, a vast network residential rooftops and an assortment
of walkable amenities, the building provides immediate access to
the vast transportation network of greater DFW.

The property is located on multiple land parcels and (in total) covers
2.298 acres. Zoned FR and A-5, the building offers redevelopment
opportunities now and in the future. Retail, healthcare,
hospitality, single family and more could all be options for the long
term use of the building / site.

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This submarket is highly appealing due to its prime location and modern industrial buildings. Several of the large warehouses in the area were built after 2000, making them ideal for modern distribution companies and third-party logistics providers. Many of these facilities are situated east of Fort Worth Meacham International Airport, close to major highways I-35W and I-820, providing excellent transportation access. This strategic positioning enhances the value for businesses relying on efficient logistics and easy connectivity to key transport routes, ensuring swift movement of goods and streamlined operations. Additionally, the area’s ongoing development and investment in infrastructure continue to bolster its attractiveness for current and future tenants.

Railport and the Midlothian Industrial Park have brought Midlothian to the forefront of sought after industrial submarkets in North Texas. The 360 acre Google Data Center along with Target and Quick Trip distribution centers, SunOpta, Malouf and Luminant make up the majority of the large land holdings in Railport. The subject 81 AC available for purchase is 2600’ west down Power Way/Forbes Road from this major development hub and is within Midlothian city limits.

Recently, Oncor purchased 74 acres bordering the 81 acre property to the east to add to its 75 acre existing substation to the north on VV Jones. Construction of the new 74 AC substation is well underway. VV jones is being realigned to provide better access next to the future substation and neighboring tracts such as the 81 AC. Oncor high power lines cross over the 81 acres, making power available immediately for data center developers.

Access to the property is good with frontage on Forbes Rd which connects to FM 157 to the west and VV Jones to the east. Both of those thoroughfares then connect to US 67.

*27 acres is listed, additional 54 acres is available for purchase with the 27 per ownership.

Younger Partners proudly presents an exceptional opportunity:
20± acres of prime residential land in Celina, TX. This soughtafter tract is strategically located at the southwest quadrant of FM 428 and Smiley Road in Denton County, within the Celina ETJ and serving both Prosper ISD and Celina ISD. All developable without any floodplain, this site is a rare find.

Site is adjacent to Celina Station 2.0 to the south, a 900-home community, presenting exciting possibilities for utility
connections, enhancing its development prospects with
densities. Future land use for the site is Regional Mixed-Use 2. City of Celina welcomes townhome development for this
location.

Site is 0.6± miles from FM 428, 3.1± miles from the Dallas
North Tollway, and 4.7± miles from Hwy 380. Notably, Smiley Road is slated for expansion to six lanes, and FM428 is to become future W. Outer Loop.

Younger Partners, as exclusive advisor, is pleased to present an investment opportunity for the acquisition of a prime professional office strategically situated in Keller, TX. The building offers 7,685 SF of well-designed and functional spaces. It is 100% occupied under NNN leasing structures, ensuring a stable rental income. Additionally, buyers have the potentials to enhance returns by adjusting the below-market rents to current rate.

Available as-is, the office building was built in 2000 and has been professionally maintained. The timeless architecture and ample parking are complimented by its modern interior finishes, open floor plan and plenty of natural lights.

Strategically positioned right off of Keller Pkwy, a major thoroughfare in one of North Texas’s the most affluent neighborhoods, it has easy access to Hwy 377 and Hwy 114, with a 20-minute drive to DFW International Airport.

Younger Partners, as exclusive advisor, is pleased to present the opportunity to acquire Parkway Commons (the “Property”), a privately owned and maintained office buildings in flourishing Plano, TX. The Property offers 102,866 square feet of highly efficient, neighborhood office space that is 54% leased. Home to a diverse rent roll, the building is primarily designed for small and mid-size office / medical suites.

Nestled amongst multi-family and medical developments along Plano Parkway, Parkway Commons is proximate to one of North Texas’ most significant residential populations. The nearby rooftops fuel demand in the building from customer facing service operators the feed off the neighborhood community. Located near the intersection of Plano Parkway and Preston Road, Parkway Commons is three turns from President George Bush Turnpike and the vast transportation network of greater DFW.

Currently 54% leased, Parkway Commons offers two sizeable blocks of contiguous space that are well suited to an owner-occupant that wants to take control of their real estate needs and capitalize on the benefits of real estate ownership. Existing income, tax / depreciation value and long term land appreciation are just a few of the benefits to ownership. Available at a sizeable discount to replacement cost and an attractively low-cost basis, ownership can have a significant impact on overall occupancy cost to a owner-user.

RESIDENTIAL/COMMERCIAL LAND AT A GREAT LOCATION JUST ONE MILE FROM I-635, I-30 AND US HWY 80!

This ±8.54 acre property consists of two separate tracts that can be acquired together or individually. Positioned in a densely populated locale, it boasts frontages and access points on Town East Boulevard, Motley Drive and Baker Drive. Directly across from Mesquite school district, it is surrounded by schools, day care centers, retailers and medical facilities.

PRIME DEVELOPMENT OR INVESTMENT OPPORTUNITY LOCATED IN A RAPIDLY EXPANDING NTX MARKET

•Current Zoning: None – Sherman ETJ
•Overlay: NTX Airport (B West, County)
•Frontage to Preston Rd: ± 1,240 ft
•Frontage to Plainview Rd: ± 885 ft
•School District: Pottsboro ISD
•Easements: Water & 289 ROW

PRIME DEVELOPMEMT LAND IN GRAND PRAIRIE

This 31± acre tract of vacant land is located in the northwest quadrant of I-20 and the President George Bush Tollway, Grand Prairie, Dallas County, Texas. This property boasts an extremely prime location with immediate frontage on both Forum Drive and Sara Jane Parkway, which allows easy access to both I-20 and PBGT.

The property zoning consists of two PD’s that allow multi-family, townhome, general retail and office uses. (Please inquire with agent for details)

Nestled in a prime location, this site offers an exceptional opportunity for development at the junction of Fort Worth and Dallas CBD. Surrounded by an industrial park and adjacent distribution tenants, it provides a blank canvas for transformative projects, with easy access to State Highway 121, Interstate 30 , and Interstate 820 enhancing connectivity across the metroplex.

Zoned BP: Business Park, this site brims with endless development potential. With a wide array of applicable uses, it presents an opportunity for visionary ventures to shape the landscape. Whether it’s commercial uses such as minor and major auto repair, restaurants, car washes (self and full-service), a convenience store (with fuel pumps), or industrial-centric uses such as manufacturing and warehousing, this site provides the foundation for creating dynamic spaces that drive economic growth and innovation in North Texas.

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Interactive Property Information | Comprehensive Use Chart

Nestled within the City of Dallas, this 70.96-acre parcel offers numerous unique investment and development opportunities. Surrounded by houses and ranchettes, it benefits from an agricultural exemption. There are also multiple new master-planned single-family home developments currently underway within a 3-mile radius. With scenic ponds and trees, the site is suited for personal enjoyment, ranchette living, or other residential development ventures.

With easy accessibility and visibility, the parcel is just one mile from I-20 and 1.5 miles from Hwy 175; a 20-minute drive to Downtown Dallas and 30 minutes to Love Field Airport.

This ±12.0-acre tract nestled in the heart of Flower Mound presents many unique development opportunities. Positioned adjacent to the future 1,042-acre Flower Mound Ranch Mixed Use Development, the site will enjoy connectivity to a walkable village with open space, trails and urban streets. It also has great access with 0.86 mile to Hwy 377 and 1.08 mile to Cross Timbers Rd.

The property includes a recently renovated 1,594 square foot house, a three-car garage, a barn with 6 stalls, and pastures. Backed by Denton Creek, the site offers a unique trail access to Grapevine Lake.

Site is mostly zoned Agricultural for tax exempt. Prime property for personal use, development, or long-term investment.

This rare opportunity on bustling Northwest Highway in Dallas offers an existing improved property in a highly coveted location. Positioned for maximum exposure, the site boasts an impressive daily traffic count of ±28,395 VPD. Sitting on approximately ±1.15 acres, the property is zoned Community Retail with a free-standing building spanning ±19,000 SF with ample parking.

Additionally, the property is within close proximity to I-635 and just minutes away from US-75. It is located in front of a median break allowing full access into the site. An advantageous mix of national retailers are located at the immediate intersection including well-known brands such as Kroger, McDonald’s, Petco, and more.

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Digital Property Marketing Information

Located adjacent to an under construction 274,000 square foot logistics facility, and an additonal future 2.4 million square feet of logistics facilities on the Kansas City Southern Intermodal across SH 78.

These are the first significant commercially zoned hard corner, signaled sites on the eastern Wylie border. Beer/wine sales are permitted.

Traffic counts on SH 78 curently exceed 35,000 vehicles per day and are growing annually. Highway 78 is a major regional arterial connector from the George Bush Tollway to US 380 and beyond.

This residential development tract is 29,621 SF (.68 acres) of vacant land in Richardson, Texas. The property holds an R-1250-M zoning designation excellent for a buyer looking to build multiple single-family detached residential lots. The location of the property boasts easy access to US Highway 75 and Downtown Richardson in addition to a myriad of retail and local schools.