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Texas  + Healthcare  |  February 8, 2021
Paul Bubny
By: Paul Bubny

UTSW Med Center Selects Pegasus Park for 180K-SF Lease

Pegasus Park offers a location in Dallas’ new biotech hub for UT Southwestern Medical Center to bring together operations including technology development that support its expanding clinical care, education and research missions, says Marc A. Nivet, executive vice president at UT Southwestern. UT Southwestern medical center recently signed a 180,000-square-foot lease at J. Small Investments’ project.

UT Southwestern operations will occupy six floors at the Pegasus Park campus in the tower building. Pegasus Park is a 23-acre mixed-use ecosystem and office campus located at 3000 Pegasus Park Dr. The Pegasus Park campus currently consists of more than 750,000 square feet across multiple buildings including an 18-story office tower.

Originally constructed for Zale Corporation in 1970, it was bought by the former Mobil Oil Corporation in 1981. After being near-vacant for more than a decade, J. Small Investments purchased the campus in 2015 from ExxonMobil Oil Corporation. Construction is underway and scheduled to open in mid-2021.

For comments, questions or concerns, please contact Lisa Brown

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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