August 21, 2019
The three-building, mixed-use Union project in Dallas’ Uptown submarket is up for sale. RED Development, which built the office tower, retail center and luxury residential high-rise, opened earlier this year. JLL has been tapped to find a buyer for the 400,000-square-foot office tower and adjacent 87,000 square feet of retail. The residential component, dubbed The Christopher, is in lease-up, and will be offered to market upon stabilization, according to JLL.
The office building is approximately 93% occupied, with tenants including Salesforce, Akin Gump and accounting firm Weaver. The retail component is anchored by a Tom Thumb grocery store.
According to the Dallas Morning News, the Union at 2300 N. Field, is likely to be the most sought-after, high-profile property to be marketed in 2019, due to its location, tenant roster and architecture.
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