Property Type: Office
28 PRESTIGE CIRCLE | SUITE 3110 | ALLEN
This brand new professional office condo is well located in the heart of growing Allen business park, at the northwest corner of Greenville and Prestige Circle. It is in close proximity to Central Expressway and Sam Rayburn Tollway, and minutes from high-end retail and restaurants, such as Watters Creek, The Villages at Allen & Fairview, Allen Premium Outlets, and the Allen Event Center.
Walnut Abrams Plaza
Parkside Village
Addison Plaza
10660 Plano Road | Plano Miller Business Center
10720 Miller Road | Plano Miller Business Center
Colonial at Spring Creek
Richland Plaza
3200 Broadway | For Sale
Younger Partners, as exclusive advisor, is pleased to present the opportunity
to acquire 3200 Broadway (the “Property”), a privately owned and maintained
office buildings in Garland, TX. The Property offers 90,980 square
feet of highly efficient, small tenant office space that is 60% leased to a diverse
range of tenants. Strong in-place cash flow with a staggered rollover
schedule allows for the next investor to continue common area improvements
and push leasing activity at rising lease rates.
Anchored by JP Morgan Chase, the bank is a long-term tenant in the building
and has committed through the end of the decade. Leased to a diverse rent
roll, the building is primarily designed for small and mid-size spaces. The remaining
vacancy is comprised of well designed suites that would greatly benefit
from a building standard “spec suite” leasing program. Spec suite
construction could contribute greatly to the building’s leasing velocity and
capitalize on the rising DFW market and a reinvigorated ownership group.
Surrounded by rooftops, 3200 Broadway is ideally positioned to service the
neighborhood community. Located near the intersection of Broadway
Boulevard and Centerville Road, 3200 Broadway is the most recognizable
and accessible office building in the area. Available at a sizeable discount to
replacement cost and an attractively low-cost basis, future ownership can
invest reasonable cosmetic capital to bring fresh vibrancy to propel market
leasing momentum.
Chisholm Place | For Sale
Younger Partners, as exclusive advisor, is pleased to present the opportunity to acquire
Chisholm Place (Property), a 65,000 square foot, four-story office building in
the thriving Richardson / Plano submarket. Chisholm Place offers an immediate
opportunity to increase revenue through leasing of available suites and mark-tomarket
renewals via staggered rollover, while enjoying in-place cash flow and annual
contractual rental rate increases.
At 67% occupancy, the Property benefits from a diverse mix of tenant industries
and steady returns as leases renew at rising market rental rates. Positioned to capture
tenant demand from small and mid-size office users, the building offers modern
upgrades with high-quality finishes, floor plates that allow flexible leasing configurations
and easy access to outdoor spaces, parks, transportation and new mixeduse
developments.
The Richardson / Plano market has long been a desired location for tenants given
its proximity to a premier workforce and residential neighborhoods, access to a
strong amenity base and convenient location with immediate access to Dallas’ major
thoroughfares.
Available at a sizable discount to replacement cost, the opportunity offers a competitive
basis that should allow an aggressive leasing strategy by new ownership.
1475 & 1485 Richardson Drive | For Sale
Younger Partners is pleased to offer qualified investors the opportunity to purchase
Brandywine Place and Richardson Drive Plaza (Property), a complimentary selection
of single-story assets in the thriving suburban communities of Richardson and
Plano. Brandywine Place and Richardson Drive Plaza are available as a portfolio or
individually. Comprised of six small office buildings, Brandywine Place and Richardson
Drive Plaza are well suited to the needs of the area’s most active leasing segment.
Brandywine Place offers 67,867 square feet of space that is spread across four buildings.
Situated on almost 5.5 acres, Brandywine is 81% leased to thirty tenants and
has an average suite size of roughly 1,700 SF. The four building development has minimal
common area space and offers professional office and medical space that is in
high demand to the surrounding community. Located just off Central Expressway
(US-75) at Park Boulevard, the Property is a short distance from Downtown Plano
and the amenity rich redevelopment of Collin Creek Mall.
Similarly, Richardson Drive Plaza is made up of 42,825 square feet spread across two
buildings. Positioned on more than 2.91 acres, the Property is 65% leased to fifteen
tenants and has an average suite size of roughly 2,100 SF. Set against a back drop of
single family rooftops, the Property is accessible via Central Expressway and Arapaho
Road.
Both assets are located within the Richardson / Plano Submarket that is known as
the Telecom Corridor®. Home to a number of the world’s largest technology and
telecommunications companies (Texas Instruments, Cisco, and Fujitsu Network
Communications) the area is well regarded by employers because of the abundant
supply of a qualified labor force. Despite being known for telecommunications, a
majority of the submarket’s office space is made up of healthcare and insurance
firms. The submarket provides a highly talented labor force with 55% of the population
holding a bachelor’s degree or higher.
Brandywine Place and Richardson Drive Plaza benefit from direct access to all of
the Dallas-Fort Worth Metroplex via US-75 (334,000 VPD) and President George
Bush Turnpike (164,000 VPD). The area’s accessibility is also improved by six DART
rail stations, more than any other suburban office submarket in the metroplex.
Available at a sizeable discount to replacement cost, Brandywine Place and Richardson
Drive Plaza have been extensively renovated by institutionally minded ownership.
As a result the need for additional capital should be limited to good news
dollars for new leasing.
Brandywine Place | For Sale
Younger Partners is pleased to offer qualified investors the opportunity to purchase
Brandywine Place and Richardson Drive Plaza (Property), a complimentary selection
of single-story assets in the thriving suburban communities of Richardson and
Plano. Brandywine Place and Richardson Drive Plaza are available as a portfolio or
individually. Comprised of six small office buildings, Brandywine Place and Richardson
Drive Plaza are well suited to the needs of the area’s most active leasing segment.
Brandywine Place offers 67,867 square feet of space that is spread across four buildings.
Situated on almost 5.5 acres, Brandywine is 81% leased to thirty tenants and
has an average suite size of roughly 1,700 SF. The four building development has minimal
common area space and offers professional office and medical space that is in
high demand to the surrounding community. Located just off Central Expressway
(US-75) at Park Boulevard, the Property is a short distance from Downtown Plano
and the amenity rich redevelopment of Collin Creek Mall.
Similarly, Richardson Drive Plaza is made up of 42,825 square feet spread across two
buildings. Positioned on more than 2.91 acres, the Property is 65% leased to fifteen
tenants and has an average suite size of roughly 2,100 SF. Set against a back drop of
single family rooftops, the Property is accessible via Central Expressway and Arapaho
Road.
Both assets are located within the Richardson / Plano Submarket that is known as
the Telecom Corridor®. Home to a number of the world’s largest technology and
telecommunications companies (Texas Instruments, Cisco, and Fujitsu Network
Communications) the area is well regarded by employers because of the abundant
supply of a qualified labor force. Despite being known for telecommunications, a
majority of the submarket’s office space is made up of healthcare and insurance
firms. The submarket provides a highly talented labor force with 55% of the population
holding a bachelor’s degree or higher.
Brandywine Place and Richardson Drive Plaza benefit from direct access to all of
the Dallas-Fort Worth Metroplex via US-75 (334,000 VPD) and President George
Bush Turnpike (164,000 VPD). The area’s accessibility is also improved by six DART
rail stations, more than any other suburban office submarket in the metroplex.
Available at a sizeable discount to replacement cost, Brandywine Place and Richardson
Drive Plaza have been extensively renovated by institutionally minded ownership.
As a result the need for additional capital should be limited to good news
dollars for new leasing.
10000 NCX | Sublease 6,085 SF
10000 NCX suite 760 sublease space – 6,085 SF
Waxahachie Assemblage
28 PRESTIGE CIRCLE #1110 | ALLEN
A prime professional office for users and investors in Allen, strategically located at the northwest corner of Greenville and Prestige Circle. With easy access to the Central Expressway and Sam Rayburn Tollway, this modern office offers stable rental income. Enjoy proximity to high-end amenities like Watters Creek, The Villages at Allen, Allen Premium Outlets, and the Allen Event Center.
Skymark Tower
Younger Partners, as exclusive advisor, is pleased to present the opportunity
to acquire Skymark Tower (the “Property”), an institutionally owned and
maintained office building in the Arlington submarket. Well regarded for a
long history of stable and consistent leasing, the Property offers 115,700
square feet of highly efficient, small suite office space that is 82% leased to
a diverse range of tenants. Strong in-place cash flow with a staggered
rollover schedule allows for the next investor to continue common area
improvements and push expiring rents to market.
Located a short distance from the DeathStar, Texas Live, Globe Life Field
and the rest of the Arlington Entertainment District, Skymark Tower is benefitted
by the countless restaurants, shopping centers, museums and live entertainment
venues within eyeshot of the building.
Prominently located at the corner of Cooper Street and IH-30, the building
is easily accessed and is arguably the most recognizable office buildings in
the submarket. Available at a ridiculous discount to replacement cost, the
building’s acquisition basis should further benefit value-add investors looking
to execute a repositioning plan in one of Dallas’ most consistent office submarkets.
Leased to a variety of professional service firms, Skymark Tower has a limited
number of available suites. Conditoned to a “spec” standard, the bulk of
the vacancy is ready to lease with no additional capital required
Gateway Tower | For Sale
Younger Partners is pleased to offer qualified investors the opportunity to purchase Gateway Tower (Property), a renovated mid-rise office asset at the high profile interchange of IH-635 (LBJ Freeway) and US-75 (Central Expressway). The prominent, fifteen-story office building offers an immediate opportunity to increase revenue through leasing of available suites and mark-to-market rental rate increases via staggered rollover. At 55% occupancy, Gateway Tower benefits from a diverse mix of tenant industries and in-place cash flow. With in-place rents averaging 15% below market, the offering presents a rare opportunity to acquire a renovated office building with all the bells and whistles and current cash flow with mark-to-market rents on 58% rollover in the next 36 months.
Positioned to capture tenant demand as a result of increased rates in the lower segment of the Dallas North Tollway, neighboring Central Expressway and Richardson / Plano office markets, Gateway Tower offers modern upgrades with high-quality finishes, floor plates that allow flexible leasing configurations and easy access to transportation. Additionally, the property’s central location presents unsurpassed accessibility and connectivity to the Dallas/Fort Worth Metroplex and the adjacent neighborhoods which provide abundant executive and work force housing.
Current ownership has invested almost $675,000 in recent years to modernize the building and add amenities that include conference center, tenant lounge, fitness center, grab-and-go and renovated lobby.
With over 11.5 million square feet of retail in a 3-mile radius, the Property’s location enables users to access an assortment of retail from the Galleria, Preston & Forest, and Preston & Royal intersections. Boasting 280,000 vehicles per day, the LBJ Freeway is the center thoroughfare of the Metroplex and provides easy access to Love Field, Addison Airport and DFW International Airport. The LBJ office market has long been a desired location for tenants given its position along the regions primary East-West throughfare. With the Dallas metropolitan area ranked #1 by Kastle Systems “Back to Work” metrics, Crosspoint Atrium is poised to outpace the competition!
Ricchi Towers | 8585 Stemmons | Sale
Younger Partners, as exclusive advisor, is pleased to present to qualified investors
the opportunity to acquire the 100% fee-simple interest in 8585
Stemmons (“Property”). Built when developers had egos, the twin towers
of Stemmons Freeway offer investors a commanding presence in the revitalized
West Love Field area. A significant presence on IH-35 (Stemmons
Freeway), the Property affords potential investors an unmatched long term
land site (13.5 acres) to compliment the immediate upside in a basis office
purchase.
West Love is home to name-brand, credit tenancy including Amazon, UT
Southwestern, Parkland Hospital and Children’s Health. Just to the east of
the building, the West Love master-planned development has added over
835 luxury multifamily units since 2018 with another 460+ units planned.
Since 2009, the three adjacent hospital systems have leased over one million
square feet of off-campus space in the area.
Major life science developments such as Pegasus Park have created significant
national attention from tenants and capital alike. Alexandria has acquired
and is planning a purpose-built life science project at Harry Hines
and Mockingbird while tenants including Health Wildcatters, MassChallenge,
BioLabs and Taysha Gene Therapies have moved to the district.
8585 Stemmons is 50% leased to a diversified mix of office uses. This offering
presents a truly unique opportunity to acquire an outstanding value-add office
asset with tremendous upside while establishing a presence in the dynamic
West Love submarket, where investment opportunities are becoming
scarce!
