The Plaza at Solana, a three-building office and retail portfolio located in Westlake, Texas, has undergone significant changes over the past year and a half. In November 2021, Albany Road Real Estate Partners acquired the property, and since then, the operating partner, TXRE Properties, has been working relentlessly to bring the Plaza back to the occupancy it deserves.
The Plaza at Solana is comprised of three Class A office buildings that offer a total of 360,000 square feet of premium office space. The buildings are designed to accommodate a wide range of businesses, from small start-ups to large corporations. The Plaza offers ample parking and state-of-the-art facilities, making it an attractive option for businesses looking to relocate or expand.
Since the acquisition, TXRE Properties has increased occupancy to 96% with nearly 70,000 square feet of new leasing through moving sixteen new businesses into the campus. The property has been attracting various professional services firms and some of the new Tenants, include Dashiell Corporation, Truist Financial, EIS Holdings.
The Plaza at Solana: Premium Office Space in an Ideal Location
One of the key factors contributing to the success of the Plaza at Solana is its prime location. The property is situated in the heart of Westlake, which is a desirable suburban town with a strong and well-educated work force.
The Plaza at Solana is also strategically located near several major highways, making it an ideal location for businesses looking for easy access to the larger Dallas-Fort Worth metroplex. The property is located within 30 minutes of Downtown Dallas & Downtown Fort Worth and located near several major airports, making it an attractive option for businesses with national or international operations.
The recent activity at the Plaza at Solana is exciting for the Westlake commercial real estate market. With a prime location, excellent facilities, and strong demand from professional services firms, the Plaza is well-positioned to be a hub of economic activity in the years to come. If you’re looking for Class A office space in the Westlake area, please be sure to check out the Plaza at Solana and see for yourself why it’s quickly becoming one of the most sought-after commercial properties in the area.