Fourteen5 • Phase I

  • Size
    250,000 SF
  • Built
    2018
  • Stories
    6
  • Parking
    4:1000
  • lease
  • manage
  • own
  • sold

The Story

The Fourteen5 project was originally designed as a two-building campus anchored by a central amenity hub building and courtyard. The project was divided into two phases, with Phase I including the build-out of the north office building, amenity hub, and courtyard. Phase I development kicked off in 2017 after preleasing 50% of the building to one user. The building was delivered in 2018 and sold to Admiral Capital in 2019 at 100% leased.

The Scorecard

Cost | $80.1 Million

IRR | 24%

Multiple | 1.6x

Hold Period | 3 Years

The Location

sold
Fourteen5 • Phase I
14555 Dallas Parkway
Dallas, Texas 75254
250,000 SFBuilt 20186 Stories4:1000
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