Refinancing arranged for Old Parkland campus in Dallas
DALLAS, May 4, 2026 – JLL Capital Markets announced today that it has arranged refinancing for a portion of the Old Parkland west campus. The collateral consisted of six of the campus’ generational office buildings totaling 288,217 square feet in the heart of Dallas, Texas. The six buildings included in the refinancing are: Old Main, Woodlawn Hall, Reagan Place, Oak Lawn Hall, Parkland Hall and Commonwealth Hall.
Working on behalf of the borrower, JLL placed the five-year, fixed-rate loan with funds affiliated with Blackstone Real Estate Debt Strategies.
Originally built in 1894 as a teaching hospital, the campus has been redeveloped since 2008 into a visionary office asset featuring original and historic landmark structures alongside first-class modern buildings, iconic for their signature Jeffersonian architecture. Old Parkland west campus is situated in the block enclosed by Oak Lawn Avenue, Maple Avenue and Dallas North Tollway in Uptown Dallas.
JLL’s Capital Markets Debt Advisory team representing the borrower was led by Senior Managing Director John Rose, Vice President Ryan Pollack, and Associate Jordan Buck.
JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’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 group 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 global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of March 31, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.