Contacts
Scot Farber
Younger Partners
(214) 294-4438
Tom Strohbehn
Younger Partners
(214) 507-2355
Property Details
- Property Type Office
- Date Updated Apr 18, 2024
- Website youngerpartners9709.sharplaunch.com
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!
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Highlights
- High profile Landmark office building
- 2 year weighted average lease term
- 55% occupancy with below market rents
- Limited capital - $675K invested since 2019
- Centrally located to vibrant north dallas
- 2023 - #2 market for real estate (ULI/PWC)
- Population of 8.1 million with 328 new residents daily
- No sector of the DFW economy accounts for more than 20% of employment
Getting around
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Location
- City Dallas, Texas
- Neighborhood Landmark at Rosewood
- Zip Code 75251
- Market Dallas Fort Worth
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.