Parkside Uptown, a forthcoming office tower expected to house Bank of America's Dallas offices upon completion, has landed a construction loan arranged by JLL.
JLL arranged the construction loan for the forthcoming half-million square-foot office tower overlooking Klyde Warren Park.
The capital markets team at Chicago-based commercial real estate services firm JLL arranged a four-year, floating-rate loan from Goldman Sachs Alternatives’ real estate group on behalf of developer Pacific Elm Properties for Parkside Uptown. Bank of America is set to occupy almost half of the new Parkside Uptown tower planned on the north side of Klyde Warren Park in Dallas.Nearly half of the building, located at the corner of Harwood Street and Woodall Rodgers Freeway, has been pre-leased toPacific Elm, headed by investor Tom Dundon and CEO Jonas Woods, is developing the property alongside Dallas developer KDC and property owner Miyama USA Texas.
Amenity highlights of the building include a 12th-floor “sky lobby and lounge,” outdoor terraces on four floors and ground-level retail spaces.H-E-B has snapped up land for potential future use in Celina at the northeast corner of Dallas North Tollway and Fred Smith Parkway., Real estate reporter. Anna is a real estate reporter for The Dallas Morning News. She previously served as managing editor and real estate editor of the Dallas Business Journal. She is a graduate of Wake Forest University.
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