Page 14 - Advancial Federal Credit Union - February 2020
P. 14

HIDDEN/OFF-MARKET OPPORTUNITIES




























                      2000 MCKINNEY                               PARKSIDE TOWER                                ONE ARTS PLAZA                             2401 CEDAR SPRINGS


                                  2000 McKinney Ave                            3500 Maple Ave                               1722 Routh St                                 2401 Cedar Springs Rd
                Address                                       Address                                      Address                                      Address
                                  Dallas, TX                                   Dallas, TX                                   Dallas, TX                                    Dallas, TX
                Currently Quoted   Negotiable                 Currently Quoted                             Currently Quoted   $27.00/RSF NNN            Currently Quoted   $32.00/RSF NNN
                Rental Rate                                   Rental Rate      $27.00 - $30.00/RSF NNN     Rental Rate                                  Rental Rate

                Owner             Union Investment Real Estate  Owner          Illinois Teachers Retirement  Owner          Billingsley Company         Owner             Goldman Sachs/Crescent


                RBA               447,595 SF                  RBA              378,088 SF                  RBA              541,389 SF                  RBA               192,000 SF


                Available Opportunity   Squire Patton Boggs sublease  Available Opportunity   Heritage Auction coming  Available Opportunity   EnLink Midstream sublease  Available Opportunity   TBD
                                                                               available soon

                                  51,006 RSF                  Available RSF    136,305 RSF                                  39,238 RSF
                Available RSF                                                  (Floors 1, 10, 14-15, 17-18)  Available RSF                              Available RSF     TBD
                                  (Floors 16-17)                                                                            (Floors 12)
                                                              Space Available  6/30/2020
                                                                                                                            1/31/2030 (tenant has the
                Sublease Expiration  4/30/2025                                 TBD - preliminary           Sublease Expiration  right to terminate as of
                                                                               conversation had with                        1/31/2021)
                                                              Sales Price / RSF
                                                                               Landlord and they are
                                                                               discussing internally


                                                                                                       14
   9   10   11   12   13   14   15   16   17   18   19