Tower 909
909 Lake Carolyn Parkway, Irving, TX 75039
Property Overview
Tower 909 is a uniquely positioned, Class A office property at the heart of the Las Colinas Urban Center, one of the most exciting mixed-use neighborhoods in the Dallas/Fort Worth area. Built in 1988 and renovated in 2007, the property is a 364,366-square-foot, LEED Certified, 19-story office tower with a parking structure. At the time of acquisition, it was 83% leased to 42 tenants representing a diverse industry base.
From a quality perspective, the property is top-tier within the Urban Center, situated on an attractive waterfront location, served by the Las Colinas Area Personal Transit System and directly adjacent to the DART light rail station.
Investment at a Glance
Location: Irving (Dallas), TX
Property Type: Class A Office
Acquisition Date: December 21, 2012
Purchase Price: $46,250,000
Sale Date: July 19, 2019
Sale Price: $76,300,000
No. of Buildings: 1
No. of Stories: 19
Square Footage: 364,366 SF
Year Built: 1988/2007
Leased Percentage (at the time of Acquisition): 83%