Documents
Attributes
Year Built | 2017 |
Building Area |
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Occupancy | 98.0 % |
Asset Description
28TwentyEight was institutionally developed in 2017 by Wood Partners, one of the premier commercial developers active in the Dallas/Fort Worth metroplex. The Property offers larger average floor plans making it unique among the midrise product in the area, with distinctive interior conveniences such as intrusion alarms, wine refrigerators, and warming drawers, features not commonly found in the Dallas market. Additionally, the Property offers premier community amenities including Uptown views, urban resident lounge, and resort-style pool among others. The boutique nature of the Property and the large units continue to drive leasing as today’s renter seeks a more spacious living environment.
Investment Highlights
Jones Lang LaSalle Americas. Inc. or its state-licensed affiliate has been exclusively retained to offer an opportunity for qualified investors to purchase the fee simple interest in 28TwentyEight (the “Property”) in Dallas, Texas. Recently completed in 2017, this boutique asset offers 94 large units located in the State Thomas neighborhood of Uptown Dallas one block east of McKinney Avenue, the primary thoroughfare that runs through Uptown, which is home to over 85 retail stores. This coveted location gives residents excellent walkability and provides one of the only true “Live Work Play” locations within the Dallas/Fort Worth metroplex. Offered at a significant discount to replacement cost, the Property benefits from the numerous upscale, urban amenities while attracting an affluent, highly educated population base, making it a truly unique Intown Dallas opportunity.
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