The three office towers are located at the intersection of the Dallas North Tollway and LBJ Freeway.
DALLAS—The iconic Galleria Office Towers have sold for an undisclosed purchase price. Piedmont Office Realty Trust Inc. purchased the asset.
The three class-A office towers totaling approximately 1.4 million square feet are located at the intersection of the Dallas North Tollway and LBJ Freeway (Interstate 635). Situated at 13355, 13455 and 13155 Noel Rd., Galleria Office Towers are at the interchange of central Dallas' primary north-south thoroughfare, the Dallas North Tollway, and Dallas' inner loop, LBJ Freeway.
The office towers feature tenant lounges and an extensive fitness center along with air-conditioned sky bridges. Additionally, as part of the 3.7-million-square-foot mixed-use development, the buildings have mixed-use integration with the 1.5-million-square-foot Galleria Dallas Mall and a 448-room luxury Westin Hotel. The property includes two parking garages and a 1.9-acre vacant land parcel at the north end of the 10.37-acre site.
JLL Capital Markets represented the seller.
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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.
