{"id":1004705670,"date":"2024-03-08T06:42:40","date_gmt":"2024-03-08T14:42:40","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004705670"},"modified":"2024-03-08T06:42:41","modified_gmt":"2024-03-08T14:42:41","slug":"jp-morgan-completes-multimillion-dollar-upgrade-in-dallas","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/jp-morgan-completes-multimillion-dollar-upgrade-in-dallas\/","title":{"rendered":"JP Morgan Completes Multimillion-Dollar Upgrade in Dallas"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a23564fefefc&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-medium is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004705673\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/jp-morgan-completes-multimillion-dollar-upgrade-in-dallas\/2515-mckinney\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/2515-McKinney-e1709899194164.jpg\" data-orig-size=\"640,480\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;\\u00a9 Yardi Systems, Inc.&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"2515 McKinney\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;2515 McKinney was previously known as Chateau Plaza. Image courtesy of CommercialEdge&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/2515-McKinney-e1709899194164.jpg?w=640\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" height=\"225\" width=\"300\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/2515-McKinney-e1709899194164.jpg?w=300\" alt=\"2515 McKinney\" class=\"wp-image-1004705673\" style=\"width:323px;height:auto\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/2515-McKinney-e1709899194164.jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/2515-McKinney-e1709899194164.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">2515 McKinney was previously known as Chateau Plaza. <em>Image courtesy of CommercialEdge<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>J.P. Morgan Global Alternatives, together with Stream Realty Partners, completed a multimillion-dollar improvement plan for 2515 McKinney, an office tower in Dallas. Entos Design was the architect and Michael Walker Construction served as general contractor. Prior to its rebranding, the property was known as Chateau Plaza.<\/p>\n\n\n\n<p>The building rises 18 stories and spans 178,970 square feet. Completed in 1985, it previously underwent a cosmetic renovation in 2011. This most recent round of improvements, which commenced in April 2023, brought new amenities such as a fitness center, tenant lounge, conference center and an outdoor patio, also improving finishes and designs.<\/p>\n\n\n\n<p>JP Morgan Asset Management acquired the tower in 2005 for $31.3 million, according to CommercialEdge data. The LEED-certified building comprises office suites ranging from 1,500 square feet to 18,000-square-foot full floors. Tenants at the property include VMG Health, Riveron and Cloud 10 Studios, the same source shows.<\/p>\n\n\n\n<p>Located in Uptown Dallas, 2515 McKinney is less than 2 miles north of the metro\u2019s downtown. It is some 3 miles from the Parkland Health general hospital and 4 miles from the Dallas Love Field Airport. The building is also within walking distance of the Uptown Plaza Dallas shopping mall.<\/p>\n\n\n\n<p>As of January, the average listing rate in Dallas clocked in at $26, representing an 8.3 percent year-over-year drop and below the national rate of $3, according to <a href=\"https:\/\/www.commercialsearch.com\/news\/office-asset-values-dive-amid-challenges\/\">a recent CommercialEdge report<\/a>. Vacancy in the metro reached 19.7 percent, climbing 1.8 percent over 12 months, above the 18 percent national figure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The building spans 178,970 square feet across 18 stories. <\/p>\n","protected":false},"author":3120,"featured_media":1004705673,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21782,21742,21747,51973],"tags":[51564,33358],"class_list":["post-1004705670","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-development","category-latest","category-office","category-southwest","tag-j-p-morgan-global-alternatives","tag-stream-realty-partners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>JP Morgan Completes Multimillion-Dollar Upgrade in Dallas - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\".P. Morgan Global Alternatives, together with Stream Realty Partners, completed a multimillion-dollar improvement plan for 2515 McKinney.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/jp-morgan-completes-multimillion-dollar-upgrade-in-dallas\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JP Morgan Completes Multimillion-Dollar Upgrade in Dallas\" \/>\n<meta property=\"og:description\" content=\".P. Morgan Global Alternatives, together with Stream Realty Partners, completed a multimillion-dollar improvement plan for 2515 McKinney.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/jp-morgan-completes-multimillion-dollar-upgrade-in-dallas\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-08T14:42:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-08T14:42:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/2515-McKinney-e1709899194164.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Radu Corfus\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jp-morgan-completes-multimillion-dollar-upgrade-in-dallas\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/jp-morgan-completes-multimillion-dollar-upgrade-in-dallas\/\",\"name\":\"JP Morgan Completes Multimillion-Dollar Upgrade in Dallas - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jp-morgan-completes-multimillion-dollar-upgrade-in-dallas\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jp-morgan-completes-multimillion-dollar-upgrade-in-dallas\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/2515-McKinney-e1709899194164.jpg\",\"datePublished\":\"2024-03-08T14:42:40+00:00\",\"dateModified\":\"2024-03-08T14:42:41+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/a04f9fc8d7ed936167c8786eb77e39c2\"},\"description\":\".P. Morgan Global Alternatives, together with Stream Realty Partners, completed a multimillion-dollar improvement plan for 2515 McKinney.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jp-morgan-completes-multimillion-dollar-upgrade-in-dallas\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/jp-morgan-completes-multimillion-dollar-upgrade-in-dallas\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jp-morgan-completes-multimillion-dollar-upgrade-in-dallas\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/2515-McKinney-e1709899194164.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/2515-McKinney-e1709899194164.jpg\",\"width\":640,\"height\":480,\"caption\":\"2515 McKinney was previously known as Chateau Plaza. Image courtesy of CommercialEdge\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/jp-morgan-completes-multimillion-dollar-upgrade-in-dallas\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"JP Morgan Completes Multimillion-Dollar Upgrade in Dallas\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/a04f9fc8d7ed936167c8786eb77e39c2\",\"name\":\"Radu Corfus\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/RaduCorfus_AuthorPhoto.png?w=72\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/RaduCorfus_AuthorPhoto.png?w=72\",\"caption\":\"Radu Corfus\"},\"description\":\"Radu Corfus is an Associate Editor at Multi-Housing News and Commercial Property Executive with a background in creative writing and copywriting. He joined the Yardi team in 2022. Before writing for CPE and MHN, Radu collaborated on story writing for animations while finishing his studies in Japanese and English language and literature.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/radu-corfus\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"JP Morgan Completes Multimillion-Dollar Upgrade in Dallas - Commercial Property Executive","description":".P. Morgan Global Alternatives, together with Stream Realty Partners, completed a multimillion-dollar improvement plan for 2515 McKinney.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/jp-morgan-completes-multimillion-dollar-upgrade-in-dallas\/","og_locale":"en_US","og_type":"article","og_title":"JP Morgan Completes Multimillion-Dollar Upgrade in Dallas","og_description":".P. Morgan Global Alternatives, together with Stream Realty Partners, completed a multimillion-dollar improvement plan for 2515 McKinney.","og_url":"https:\/\/www.commercialsearch.com\/news\/jp-morgan-completes-multimillion-dollar-upgrade-in-dallas\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2024-03-08T14:42:40+00:00","article_modified_time":"2024-03-08T14:42:41+00:00","og_image":[{"width":640,"height":480,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/2515-McKinney-e1709899194164.jpg","type":"image\/jpeg"}],"author":"Radu Corfus","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/jp-morgan-completes-multimillion-dollar-upgrade-in-dallas\/","url":"https:\/\/www.commercialsearch.com\/news\/jp-morgan-completes-multimillion-dollar-upgrade-in-dallas\/","name":"JP Morgan Completes Multimillion-Dollar Upgrade in Dallas - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/jp-morgan-completes-multimillion-dollar-upgrade-in-dallas\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/jp-morgan-completes-multimillion-dollar-upgrade-in-dallas\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/2515-McKinney-e1709899194164.jpg","datePublished":"2024-03-08T14:42:40+00:00","dateModified":"2024-03-08T14:42:41+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/a04f9fc8d7ed936167c8786eb77e39c2"},"description":".P. Morgan Global Alternatives, together with Stream Realty Partners, completed a multimillion-dollar improvement plan for 2515 McKinney.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/jp-morgan-completes-multimillion-dollar-upgrade-in-dallas\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/jp-morgan-completes-multimillion-dollar-upgrade-in-dallas\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/jp-morgan-completes-multimillion-dollar-upgrade-in-dallas\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/2515-McKinney-e1709899194164.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/2515-McKinney-e1709899194164.jpg","width":640,"height":480,"caption":"2515 McKinney was previously known as Chateau Plaza. Image courtesy of CommercialEdge"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/jp-morgan-completes-multimillion-dollar-upgrade-in-dallas\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"JP Morgan Completes Multimillion-Dollar Upgrade in Dallas"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/a04f9fc8d7ed936167c8786eb77e39c2","name":"Radu Corfus","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/RaduCorfus_AuthorPhoto.png?w=72","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/RaduCorfus_AuthorPhoto.png?w=72","caption":"Radu Corfus"},"description":"Radu Corfus is an Associate Editor at Multi-Housing News and Commercial Property Executive with a background in creative writing and copywriting. He joined the Yardi team in 2022. Before writing for CPE and MHN, Radu collaborated on story writing for animations while finishing his studies in Japanese and English language and literature.","url":"https:\/\/www.commercialsearch.com\/news\/author\/radu-corfus\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/2515-McKinney-e1709899194164.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004705670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/3120"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004705670"}],"version-history":[{"count":3,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004705670\/revisions"}],"predecessor-version":[{"id":1004705778,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004705670\/revisions\/1004705778"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004705673"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004705670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004705670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004705670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}