JLL Capital Markets led sales efforts for 1925 West John Carpenter in Las Colinas
News release
11 July 2022
Fully leased, Class A office building in Dallas changes hands
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DALLAS, July 11, 2022 – JLL Capital Markets announced today that it has closed the sale of 1925 West John Carpenter, a fully leased, Class A office building totaling 403,151 square feet in the Las Colinas submarket of Dallas, Texas.
JLL represented the seller, JP Realty Partners, Limited.
1925 West John Carpenter is positioned on 30 acres in the heart of Las Colinas, which has a rich amenity base, proximity to Dallas Fort Worth International Airport and is home to the global headquarters of eight Fortune 500 companies. Las Colinas has witnessed tremendous growth over the past decade adding more than 80,000-plus single-family homes and more than 4,000 multi-housing units as a result of its more than 21% population growth.
Recently renovated in 2021, 1925 West John Carpenter is fully leased to Vistra Energy as their corporate headquarters. The Class A building offers six stories of office space as well as a newly built, 1,200-space parking garage.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
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About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 100,000 as of March 31, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.