Lincoln Property Company (Lincoln) has been selected as the exclusive leasing agent for Tower at Park Lane, a prestigious office building in Dallas spanning 510,000 square feet. The property is located at 8750 NorthPark Central and was recently acquired by Real Capital Solutions (RCS). RCS has entrusted Lincoln with overseeing the marketing and leasing of their first asset in Dallas.
The new owner plans to invest $13 million into a capital improvement project for the tower. This will include upgrades to the lobby and fitness center, as well as enhanced amenities. Additionally, they will be implementing a Town Hall-style spec-suite program which has proven successful at other office properties managed by Lincoln.
Worthey Wiles from Lincoln stated that these planned renovations by RCS will not only improve tenant retention but also increase employee satisfaction and attract new businesses to the tower.
Formerly known as NorthPark Central, Tower at Park Lane is ideally situated where I-75 meets Loop 12. With its prime location and upcoming improvements, this property is sure to continue attracting top tenants in Dallas’ competitive market.