The Dallas/Fort Worth area is commonly known as the Metroplex. Currently, the Metroplex is ripe with commercial investment opportunities. Cousins Properties have decided to lease a Park Central office space that consists of three buildings. The layout of this prime Dallas office space has over eight-hundred thousand square feet to brag about.
Mark Dickenson, the senior vice president of Cousins Properties said, “We’re real excited to pick up this assignment. This project gives us three of the primary Class A locations in the Metroplex.” Dickenson was specifically referring to property located at the Towers, in Las Colinas and Lincoln Center, along the LBJ Freeway.
The lease rate was quoted at $20.50 plus the cost of electricity. The tenants that reside within the office complex include big names such as Nexen U.S.A., Interstate Battery, Unitrin and Petroleum Inc.
The real exciting news stems from the fact that Cousins Properties has contracted over one million square feet to be developed into premier office space. This will add to the six million square feet that the Company already leases out, in the Metroplex area. This summer one-hundred thousand square feet will open up when Nexen moves from its current location to Plano, Texas.
There are several profitable investments to be made on Dallas or Fort Worth commercial real estate and other properties. This is a hot deal that consists of a gorgeous office complex; within the office space is a conference center, delicatessen, covered parking, on-site security and a cafeteria. Nearby are other office buildings and a fitness center.