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

Chris Lipscomb
Senior Vice President
Direct: 214.706.6030
Mobile: 214.769.7008
Main: 214.692.1100
eFax: 214.420.6030
[email protected]

Colliers International
Park Seventeen
1717 McKinney Avenue, Suite 900
Dallas, TX 75202
colliers.com


Lindsay Wolcott
Senior Associate

Direct: 214.217.1243
Mobile: 214.538.6224
Main: 214.692.1100
[email protected]

Colliers International
Park Seventeen
1717 McKinney Avenue, Suite 900
Dallas, TX 75202
colliers.com