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Mega Investments Extend Beyond Normal Metros

According to sale broker CBRE, the 634,000-square-foot Trinity Towers is one of North Dallas’ best investment opportunities; home to diverse institutional-quality tenants such as Southwest Airlines.

Trinity Towers Trinity Towers is one of Dallas’ most recognizable office properties (credit: Sooner Management).

DALLAS—A package deal in the new skyline icon, 432 Park Ave., hit a high-water mark in New York City at $91 million. While a Manhattan condo is an the eye-catcher for any investor, there are significant investment opportunities also in the wow factor category outside the Big Apple, according to a study by Commercial Café.

Trinity Towers is one of Dallas’ most recognizable office properties and within the Stemmons medical corridor. The 20-story class-A office tower fetched $68.4 million in October 2017. According to sale broker CBRE, the 634,000-square-foot building is one of North Dallas’ best investment opportunities, as it is home to a diverse group of institutional-quality tenants such as healthcare company Aetna, Children’s Medical Center administrative offices and Southwest Airlines, and was recently renovated.

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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