Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Texas  + Dallas-Fort Worth  + Office  | 
Newmark Helps Sell Dallas' One Mockingbird Plaza

TXRE Sells One Mockingbird Plaza in Dallas

Newmark represented the seller, TXRE. The 156,000 square foot building is situated on 6.7 acres of land in the Dallas’ Medical/Love Field District. Newmark’s Chris Murphy assesses its attractiveness, “One Mockingbird Plaza’s appeal is driven by its recently completed renovations, strong in-place cash flow and location within Dallas’ premier emerging marketplace and developing life science cluster.”

The building is 94% leased. Nearby, are seven hospitals and teaching institutions, including the University of Texas Southwestern campus, a high ranking academic medical center, Parkland Memorial and Children’s Health, a pediatric health care system in North Texas.

The renovations included an updated lobby, conference facility and fitness center. There is an adjacent three-level parking garage. The sales price and the buyer were not disclosed.

Connect

Inside The Story

Chris Murphy

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Sale/Acquisition