Cawley Partners and Staubach Capital have purchased the Sabre Corp. office campus located at 3120 and 3150 Sabre Drive in Southlake, Texas.
The campus comprises two buildings totaling 475,000 square feet of class A office. Sabre Corp., a leading software and technology company for the travel industry, has signed a 12-year lease for the 265,000-square-foot Building A and entered into a short-term lease for the 210,000-square-foot Building B.
Cawley Partners and Staubach Capital jumped at the opportunity to purchase the campus in the ever-growing Southlake submarket. With Sabre retaining more than 265,000 square feet long term, there will be roughly 210,000 rentable square feet (one entire building) available for lease in 2022.
Beginning in first quarter 2022, Cawley Partners plans to fully renovate Building B and add a full suite of upscale amenities, including meeting rooms, fitness center, locker rooms, food service and outdoor gathering spaces.
