Property Overview: The Property is an 18-story, 410,000 sf Class A office tower built in 1985, located in Dallas's East LBJ Submarket, in a subsection called Park Central (alongside Central Expressway and LBJ Freeway). Since being developed in 1985 (as the headquarter building for Ross Perot's technology company), the property has historically been one of the premiere assets in Dallas.
Investment Overview: At acquisition, the property was 62% occupied with in-place rents significantly below market. Acram Group has executed a $10MM capital project to rebrand and return Lakeside Square to one of Dallas's premiere office buildings.
12377 Merit Dr
Dallas, TX 75251
410,000 sf office building