Sunday, May 26, 2024

Uptown Dallas office building becomes latest to get upgrades


An Uptown Dallas office building has gotten a reboot with $8 million in upgrades.

The building at 2501 Cedar Springs is simply blocks from The Crescent and is owned via Mexico-based actual property company Grupo Haddad.

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The 110,000-square-foot building was once built in 1982 close to Turtle Creek and was once in the past house to pipeline company EnLink Midstream. Grupo Haddad bought the building in 2013.

Newmark Group is advertising and marketing the made over building to doable tenants.

“2501 Cedar Springs presents an exceptional opportunity for users seeking a fully upgraded workplace within one of Dallas’ most sought-after office submarkets,” Newmark’s Nathan Durham stated in a commentary. “With an outstanding walkability factor, nearby amenities and a total renovation that has elevated every aspect of the property, from functionality to aesthetic, we are confident this asset will attract considerable tenant attention.”

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Upgrades to the building come with a brand new foyer and ground-floor eating place, a tenant convention heart and enhancements to the parking storage. A six-story tall mural at the external of the building was once designed via Japanese artist Daisuke Okamoto.

Newmark’s Durham and Natalie Serio are leasing the building. It’s one in all a number of Eighties places of work north of downtown that experience gotten makeovers.

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Crescent Real Estate renovated the 2401 Cedar Springs building at Maple Avenue. And the landmark Crescent advanced lately has gotten thousands and thousands of greenbacks in enhancements.

North Texas office homeowners are making an investment a document quantity of capital in renovating constructions advanced within the Eighties.

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