Sabre Dallas-Area HQ Building Sold, They’ll Stay

The Sabre Headquarters building, a 265,942-square-foot, five-story office building in Southlake, Texas has been sold, but Sabre will stay. They recently signed a long-term lease.

JLL represented the seller, a joint venture between Cawley Partners, Staubach Capital and PCCP, LLC, and procured the buyer, BDP Holdings. Additionally, JLL worked on behalf of the buyer to secure the 10-year, acquisition financing through Wells Fargo & Company.

Sabre, which is a leading software and technology company in the travel industry, has occupied the property as their headquarters since 2002. The building was fully renovated in 2021 and offers in-demand amenities, including a full-service cafeteria, outdoor courtyard, fitness center and structured/surface parking for more than 1,100 vehicles.

JLL says that rents in the Westlake/Grapevine office market continue to climb, seeing an increase of more than 14% since 2017.