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Old 06-29-2014, 04:29 PM
 
226 posts, read 281,319 times
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I live in Dallas and I think that Williams Tower is one of the most beautiful buildings in Texas maybe even the world!!

 
Old 06-29-2014, 04:42 PM
 
Location: Dallas,Texas
6,724 posts, read 9,972,956 times
Reputation: 3469
Quote:
Originally Posted by Scout0417 View Post
I live in Dallas and I think that Williams Tower is one of the most beautiful buildings in Texas maybe even the world!!
Now, that's a stretch....
 
Old 06-29-2014, 04:52 PM
 
226 posts, read 281,319 times
Reputation: 178
Not in my opinion.
 
Old 06-29-2014, 04:56 PM
 
226 posts, read 281,319 times
Reputation: 178
Name a building in Dallas that has sold for 400+ million.
 
Old 06-29-2014, 05:20 PM
 
Location: Dallas,Texas
6,724 posts, read 9,972,956 times
Reputation: 3469
Quote:
Originally Posted by Scout0417 View Post
Name a building in Dallas that has sold for 400+ million.
Like I said, the office market in Downtown Dallas isn't hot right now. If Downtown Dallas was fully occupied, I'm sure Fountain Place would have been bought for much more.
 
Old 06-29-2014, 05:40 PM
 
Location: The Bayou City
3,231 posts, read 4,571,332 times
Reputation: 1477
Quote:
Originally Posted by Dallaz View Post
Like I said, the office market in Downtown Dallas isn't hot right now. If Downtown Dallas was fully occupied, I'm sure Fountain Place would have been bought for much more.
But buildings across Houston are selling for over $400 million, not just in downtown. If we had a tower over 1 million square feet sale in the Energy Corridor it would probably go for near record prices given the one percent vacancy. How much did the Tower at City Place sell for? That's in uptown, Dallas' hottest sub market, and is over 1.3 million square feet. Reports that I found peg the sale of the tower at "more than 135 million". Lmao... Looks like it doesn't matter what part of the city these buildings are in, Houston is hotter over all.
 
Old 06-29-2014, 05:50 PM
 
Location: Dallas,Texas
6,724 posts, read 9,972,956 times
Reputation: 3469
Quote:
Originally Posted by TexasTallest View Post
But buildings across Houston are selling for over $400 million, not just in downtown. If we had a tower over 1 million square feet sale in the Energy Corridor it would probably go for near record prices given the one percent vacancy. How much did the Tower at City Place sell for? That's in uptown, Dallas' hottest sub market, and is over 1.3 million square feet. Reports that I found peg the sale of the tower at "more than 135 million". Lmao... Looks like it doesn't matter what part of the city these buildings are in, Houston is hotter over all.
In 2007 Uptown wasn't as hot as it is now. The Tower at CityPace was constructed to be the HQ of 7-Eleven. When 7-Eleven moved to One Arts Plaza the building was half empty. The new owners planned to convert the upper floors of the buildings into apartments but new tenants moved into the building after a 7 million dollar upgrade. Now, Dean Foods has its HQ in the Tower at CityPlace.
 
Old 06-29-2014, 05:55 PM
 
Location: The Bayou City
3,231 posts, read 4,571,332 times
Reputation: 1477
Quote:
Originally Posted by Dallaz View Post
In 2007 Uptown wasn't as hot as it is now. The Tower at CityPace was constructed to be the HQ of 7-Eleven. When 7-Eleven moved to One Arts Plaza the building was half empty. The new owners planned to convert the upper floors of the buildings into apartments but new tenants moved into the building after a 7 million dollar upgrade. Now, Dean Foods has its HQ in the Tower at CityPlace.
what do you mean "in 2007"..? im talking about the sale of the Tower at CityPlace last year..

"Miami-based Parmenter has had the 1.35 million-square-foot Cityplace skyscraper near Dallas’ Uptown district under contract for more than a month.
The building is about 70 percent leased to major tenants including Dean Foods, Hudson Advisors and Headington Cos.
Parmenter said it financed the purchase of the 25-year-old tower with funding from GE Capital. Terms of the sale were not disclosed.
But real estate brokers speculate that the building less than a mile north of downtown Dallas went for more than $135 million."

http://www.dallasnews.com/business/c...evelopment.ece
 
Old 06-29-2014, 05:59 PM
 
Location: Dallas,Texas
6,724 posts, read 9,972,956 times
Reputation: 3469
Quote:
Originally Posted by TexasTallest View Post
what do you mean "in 2007"..? im talking about the sale of the Tower at CityPlace last year..
????
 
Old 06-29-2014, 06:22 PM
 
Location: The Bayou City
3,231 posts, read 4,571,332 times
Reputation: 1477
did CityPlace not sell last year when the new mixed use development was announced, or did the Dallasnews have a slow day and write an article on "news" that was over 6 years old?

http://www.bizjournals.com/dallas/ne...cityplace.html
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