7 Largest Available Blocks of Class-A Office
If you’re looking for a big block of contiguous Class-A office space in Dallas you need now, you’re in luck. JLL’s research director Steve Triolet has ID’d seven spaces you can slip right into.
1. Thanksgiving Tower
Available block: 497,694 SF
Submarket: Dallas CBD
Leasing brokers: Altschuler and Co
The 50-story, Class-A office tower was built in 1982 by the Hunt family, and currently has 497,694 SF of contiguous space available. The tower inked 350k SF with Santander last year, giving the property a new energy.
2. Bank of America
Available block: 245,417 SF
Submarket: Dallas CBD
Leasing brokers: Peloton’s Joel Pustmueller and Sarah Hinkley
Bank of America Plaza is one of the most iconic buildings in the Dallas skyline. It has 245,417 SF of contiguous space that was formerly occupied by Haynes and Boone. Most recently announced are plans to build a new parking garage and make upgrades to the lobby and retail areas to attract tenants.
3. The Tower at Cityplace
Available block: 233,592 SF
Submarket: Central Expressway
Leasing brokers: Cushman & Wakefield’s Cynthia Cowen, Bill Brokaw and Matt Schendle, in coordination with subleasing brokers from JLL
The availability at The Tower at Cityplace includes nearly a full-floor sublease that was vacated by Walter Mortgage.
4. 1700 Pacific
Available block: 232,335 SF
Submarket: Dallas CBD
Leasing brokers: JLL’s James Esquivel, Jeff Eckert, Allison Johnston and Ashley Curry
1700 Pacific offers a unique opportunity for tenants seeking Class-A office space on large efficient floor plates. Building owner Olymbec USA has completed renovations to the fitness center and will soon upgrade the main lobby and retail concourse.
5. Legacy Tower
Available block: 232,030 SF
Submarket: Far North Dallas
Leasing brokers: CBRE’s Dennis Barnes, Celeste Fowden and Hunter Lee
One of the newest towers in the amenity-rich Far North Dallas submarket delivered in November 2014. Since then JLL’s Brad Selner and Alan Wood negotiated Hilti’s 55,584 SF HQ relo from Tulsa. Other major tenants are UBS and Murchison Oil & Gas.
6. Comerica
Available block: 208,311 SF
Submarket: Dallas CBD
Leasing brokers: CBRE's Dennis Barnes, Celeste Fowden and Hunter Lee
In 2013, the property sold and has shown significant improvement since then, moving from 67% to 75% occupied. Over the past year, notable leasing includes Bickel & Brewer signing for 36k SF and Southcross Energy leasing 39k SF.
7. 1920 McKinney
Available block: 119,855 SF
Submarket: Uptown
Leasing brokers: JLL’s Daryl Mullin, James Esquivel and Ashley Curry
1920 McKinney, a new 142,158 SF development in Uptown, kicked off construction last year and is expected to deliver in mid-April 2016. The building has signed one tenant that will occupy one full floor and lease negotiations are underway with a casual upscale restaurant that will be on the ground floor.
