Texas CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Massive Union MXU Hits the Market
The three-building, mixed-use Union project in Dallas’ Uptown submarket is up for sale. RED Development, which built the office tower, retail center and luxury residential high-rise, opened earlier this year. JLL has been tapped to find a buyer for the 400,000-square-foot office tower and adjacent 87,000 square feet of retail. The residential component, dubbed The Christopher, is in lease-up, and will be offered to market upon stabilization, according to JLL.
The office building is approximately 93% occupied, with tenants including Salesforce, Akin Gump and accounting firm Weaver. The retail component is anchored by a Tom Thumb grocery store.
According to the Dallas Morning News, the Union at 2300 N. Field, is likely to be the most sought-after, high-profile property to be marketed in 2019, due to its location, tenant roster and architecture.
For comments, questions or concerns, please contact Amy Sorter
- ◦Sale/Acquisition