Caddo Holdings is bullish regarding its recent acquisition of Mockingbird Towers, a 450k SF office property just west of Love Field. Increased investment around Love Field and the Dallas Medical District and a shortage of affordable office space in other areas drove the purchase decision. Caddo Holdings managing partner Tim Slaughter tells us the property will get $7M in upgrades, which will include a tenant conference center, a tenant lounge and associated work area, a well-appointed fitness center, a renovated deli, on-site management, contemporary lobby finishes and updated restrooms. Mockingbird Towers will be especially attractive to larger users of space looking for an economical option to Uptown, Downtown and Las Colinas. JLL’s Blake Shipley, James Esquivel and Ashley Curry market the property for lease. The building offers a quality and amenity level that is difficult if not impossible to find in Dallas at the property’s rental economics, Blake divulged. For more information on our Bisnow partner, Caddo Holdings, click here. To get a closer look at Mockingbird Towers, click here.
Bisnow Content Partner:
Caddo Holdings
https://x.com/caddoholdings http://www.caddoholdings.com/214.366.2020
info@caddoholdings.com
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Caddo Holdings was formed by Justin Engler, Tim Slaughter and Dustin Schilling in 2009 with a strategy to buy well located real estate assets in major Texas markets. The company focuses on office and industrial assets with strategic locations and potential upside through property improvements, additional capital, increased leasing performance and property management and customer service improvements.
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