Portfolio
Real Estate
Trinity Towers
Transaction Overview
Trinity Towers is a 634,381 square foot Class “A” office tower located in the Medical/Love Field District sub-market of Dallas. Prominently positioned along Stemmons Freeway (I-35), the 20-story office tower provides prospective tenants with high visibility and easy access to nearby healthcare and medical infrastructure. The property was acquired by SRC in 2017 at just 70% occupancy. SRC implemented a comprehensive asset repositioning program investing over $10M into the property to modernize building systems and amenities. The property was stabilized at 96% occupancy and sold to an institutional investor in Q3 2021.
Key Stats
Location
Dallas, TX
Submarket
Medical District / Love Field Corridor
Address
2777 N. Stemmons Fwy.
Square Footage
634,000 SF
Property Type
Office
Investment Profile
Value-Add
Acquired
Q4 2017
Status
Realized Investment; Sold Q3 2021