Offering Type: Sale

Younger Partners has been exclusively retained to offer qualified investors the opportunity to acquire Manhattan Plaza (“Property”).  Comprised of 48,000 square feet, the single-story office development is located along heavily traveled IH-820, a short distance from IH-30 and SH-121.  Ideally located just outside of the Fort Worth Central Business District, Manhattan Plaza is a neighborhood office building with ties to the local community.  Offering a mixture of traditional and medical office options, Manhattan Plaza is home to a diverse roster of small tenants that provide a stable, contractual revenue stream.  With a weighted average lease term of 1.8 years, the Property offers upside through mark to market renewals and new leasing.
 
Proximate to established residential areas, amenities and transportation corridors, the Property is 59% leased with an average suite size of 2,000 SF.  The remaining vacancy is comprised of a small suites that features existing finish with private office, bullpen and reception areas. 

Dallas-Fort Worth is consistently ranked among the top places to work, the best places to live and the best places for investment.
According to the US Census Bureau, The Dallas / Fort Worth metropolitan area’s 146,000 population increase in 2017 was the most of any metro area in the United States.
This equates to an average of 400 new residents each day moving into the Dallas / Fort Worth area. Six of the top 10 fastest growing counties in the United States were also in Texas, including Tarrant, Dallas, Denton and Collin.
The US Bureau of Labor Statistics reported that Dallas / Fort Worth gained more jobs than any other metro area in 2017. In 2017 the Dallas / Fort Worth employment base increased by 90,000, dropping the unemployment rate to 3.3%. Out of the 90,000 jobs added, 37% (33,000 jobs) can be attributed to the office sector.
As a result of the impressive population and job growth, overall office absorption totals for Dallas / Fort Worth reached 1.5 million square feet in 2018. In addition, 26 million square feet was absorbed from 2011 to 2017. Reacting to the activity, asking rental rates (full service) across all classes of office space reached $26.39/sf at the end of 2018.

Younger Partners, LLC has been exclusively retained to offer an exceptional opportunity for qualified investors to purchase the fee simple interest in Arlington Commons – The Roosevelt (the “Property”), a new luxury apartment community located in Arlington, Texas. The Property, only the second Class A+ apartment project built in Arlington in over 20 years due to city resistance to multifamily, is a four-story, elevatored complex containing 353 residential units wrapped around a four-story garage. Completed in May of 2018, the Property has exceeded proforma expectations, not required any concessions, and is currently 73% leased and 70% occupied. The success of Arlington Commons is based on many factors, most notably its sponsorship; quality of improvements; market conditions, including Class A+ product demand and limited competition; and location. Located in the City of Arlington – ranked by Money Magazine as the “Best Big City in the South” – and in the heart of the Dallas-Fort Worth Metroplex, the fourth largest and fastest growing MSA in the U.S. since 2010 – the Property offers residents an excellent quality of life with convenient access to all parts of the Metroplex and is surrounded by some of DFW’s largest economic drivers, including DFW International Airport, major employment centers, Arlington’s Entertainment District, and the University of Texas at Arlington.

Stemmons Towers – For Sale as part of a 4-building portfolio

Stemmons Towers – For Sale as part of a 4-building portfolio

LOCATION Property is located in the SEQ of Lakeview Parkway and Chiesa Road. Very close proximity to the President George Bush Turnpike, Lake Ray Hubbard, multiple retail services, and less than two miles from the Rowlett DART station.