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B of A Renews Lease at 554K-SF Dallas-Area Complex
Bank of America has renewed its lease at Hallmark Center I in Addison. The 10-year renewal includes the entire 553,799-square-foot office building located at 16001 N. Dallas Parkway.
The RMR Group acquired Hallmark Center I in 2013, the same year Bank of America signed the original lease to become the building’s sole occupant. The firm sold the asset to the RMR Group for $105 million. Hallmark Center I consists of two buildings, rising two and three stories, that came online in 1977 and 1997.
Stream’s Rhett Miller and Matt Wieser represented the landlord, The RMR Group, in this transaction. Andy Leatherman and Bret Hefton with JLL in Dallas represented the B of A.
- ◦Lease