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%

$46,250,000 Total Purchase Price
364,336 square feet Total Rentable Area
Class A Building Class