Preston Trail Atrium

Preston Trail Atrium is a two-story, 119,183-square-foot atrium-office building that was acquired by QIP in November 2013 at 85% occupancy. This was an off-market acquisition that provided a high going-in yield but value-add potential through a lobby renovation and in-place rental rates significantly below market. Built in 1982 and renovated in 2008, the property is located within the Far North Dallas office submarket along Preston Road and features an above-market parking ratio, 8 points of entry and Preston Road visibility/signage.

Acquired

December 2013

Property Address

17330 Preston Road
Dallas, Texas 75252

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Contact

Jeremy Duggins
Cawley Partners
Office: 972.759.7716
Mobile: 972.765.0330
jduggins@cawleypartners.com
www.cawleypartners.com


Addie Ludwig
Project Leasing

Cawley Partners
Direct: 972.759.7727
Mobile: 972.898.5656
www.cawleypartners.com