FOR IMMEDIATE RELEASE
The property is located within DFW’s premier emerging marketplace and developing life sciences cluster—Dallas Medical/Love Field District.
Dallas, TX (June 21, 2022) — TXRE Properties, LLC announces the sale of One Mockingbird Plaza,
a recently repositioned, 156,104-square-foot office located in Dallas’ dynamic Medical/Love Field District. Newmark represented TXRE Properties, LLC in the transaction.
One Mockingbird Plaza is prominently located along Mockingbird Lane, east of I-35E and is within five minutes of Dallas Love Field and flagship campuses for UT Southwestern Medical Center, Parkland Memorial Hospital and Children’s Medical Center. The recently renovated, eight-story office building includes a modernized lobby, conference facility and fully equipped fitness center. The adjacent three-level parking garage offers convenient structured parking. One Mockingbird Plaza is 94 percent leased to a diverse base of tenants.
“One Mockingbird Plaza’s appeal is driven by its recently completed renovations, strong in-place cash flow and location within Dallas’ premier emerging marketplace and developing life sciences cluster,” said Murphy. “In addition to its three major medical campuses, the surrounding area has received significant national attention from major life science tenants and investors, alike.”
The Dallas Medical/Love Field District houses seven hospitals and teaching institutions, employs more than 37,000 people and attracts nearly three million patients annually. The district includes major flagship campuses of UT Southwestern, which ranks among the world’s top academic medical centers; Children’s Health, the leading pediatric healthcare system in North Texas and one of the largest pediatric healthcare providers in the U.S. and Parkland Health & Hospital System, one of the largest public hospital systems in the country.
About TXRE
TXRE Properties is a boutique commercial real estate investment, brokerage and property management company formed in 2004, and based in Dallas & Fort Worth, Texas. We leverage our knowledge, experience, resources, and dedicated staff to provide high-quality lease space and tailored investment solutions. Our team specializes in acquiring and caring for multi-tenant commercial office buildings throughout the Dallas-Fort Worth Metroplex. We analyze each property from the ground up and adapt our services to match market conditions to create a long-term competitive advantage. Throughout the years, our service capacity has grown from 60,000 square feet to over 6 million square feet throughout Dallas, Fort Worth, and Arlington, Texas.
Press Contact:
Sean Andrus
214-906-6728
[email protected]
