The 20-story high-rise in North Dallas is across from NorthPark Center mall.
The Tower at Park Lane was last updated in 2019 with a café, fitness center and conference facilities. The current owners have drawn up plans for a new amenity center at the tower entrance. There’s also zoning on the site to add additional office space, apartments or a hotel.
“This is a rare opportunity for investors to acquire a highly visible class A office product that presents the opportunity to make additional improvements that truly transform the project and its position within the marketplace,” CBRE vice chairman Russell Ingrum said in a statement. “It will be exciting to see how the buyer will be able to reimagine the space.”
CBRE’s Ingrum, Patrick Benoist, Jared Chua, Michael Dewey, Matt Murphy and Jennifer Joseph are marketing the building for sale.
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