Property Type: Office

A THRIVING HUB OF INNOVATION AND DISTINCT CHARM
INTERACTIVE PROPERTY INFORMATION | DRONE PANORAMAS INTERACTIVE MAP LINK

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.

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

Younger Partners, as exclusive advisor, is pleased to present the opportunity
to acquire Parkway Tower (the “Property”), a privately owned and maintained
office buildings in Las Colinas — Dallas/Fort Worth’s premier corporate
destination. The Property offers 81,056 square feet of highly efficient,
small tenant office space that is 62% 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 rates at lease expiration.

Parkway Tower is located between Interstate 635 and State Highway 114,
within a five-minute drive to Dallas/Fort Worth International Airport and
the vibrant, master-planned Cypress Waters Development. Proximity to the
Las Colinas Urban Center and Toyota Music Factory make the building easily
accessible to some of Dallas’ most sought-after amenities.

Parkway Tower is offered with assumable debt at 4.17% fixed through June
2025, giving new ownership an opportunity to capture value in a rising interest
rate environment. The current balance of the loan provides outstanding
LTV at closing to further benefit value-add investors looking to execute
a repositioning plan in one of Dallas’ most desirable office submarkets.

Available at a sizeable discount to replacement cost and an attractively lowcost
basis, future ownership can invest reasonable cosmetic capital to bring
fresh vibrancy to propel market leasing momentum.

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!

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!