Parkside Corporate Center

Parkside Corporate Center is a 97,995-square-foot office building that was acquired by QIP in December 2012 at 79% occupancy. This was an off-market acquisition for less than 50% of replacement cost with value-add potential through the lease up of the existing vacancy and the ability to increase in-place rents to market. Built in 1998, the property is the most recently built office building in the competitive set and is located within the Far North Dallas office submarket along the Dallas North Tollway.  QIP sold Parkside Corporate Center in December 2014.

Acquired

December 2012

Sold

December 2014

Property Address

16301 Quorum Drive
Addison, Texas 75001

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