The latest addition to Harwood District is Number 10, the class-A office tower featuring 220,548 rentable square feet of office and La Rue Perdue, an alleyway consisting of retail and restaurant space.
Kislak's Joni Sweetwood says the sale reflects a current market trend in which “owners are improving urban properties to a level that surpasses even properties in 'high-end' towns.”
Phase one delivery of four buildings began in November 2017, and the vision for Park 20/360 developed into a much-needed addition to the 100 million-square-foot Great Southwest industrial district.
Tenant requirements for big-box distribution space continue to strengthen the industrial market and there is a lot of opportunity for developers who are able to secure land and deliver quality product.