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Transactions - JULY 19, 2024

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TXRE Properties acquires class A office tower in Dallas

by Denise Moose

TXRE Properties has acquired Churchill Tower, a class A office tower totaling 277,187 square feet in Dallas.

JLL represented the seller and procured the buyer.

Churchill Tower is located at 12400 Coit Road, at one of the most trafficked locations in the DFW Metroplex, the intersection of U.S. Highway 75 and Interstate 635. This location provides connectivity to downtown Dallas, Dallas Love Field Airport, DFW International Airport and the surrounding communities of Highland Park, Prestonwood, Frisco and Plano.

Completed in 1999, Churchill Tower is the newest office building by approximately 12 years in the Park Central submarket of Dallas. The 12-story office tower was recently renovated and boasts on-site amenities, including a café, fitness center and conference room. At 73 percent leased, the property has a diversified rent roll and includes tenants: Carr Riggs and Ingram, Level Four Advisory Services, Borden and Relation.

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