Mega Investments Extend Beyond Normal Metros

Trinity Towers is one of Dallas’ most recognizable office properties (credit: Sooner Management).

DALLAS—A package deal in the new skyline icon, 432 Park Ave., hit a high-water mark in New York City at $91 million. While a Manhattan condo is an the eye-catcher for any investor, there are significant investment opportunities also in the wow factor category outside the Big Apple, according to a study by Commercial Café.

Trinity Towers is one of Dallas’ most recognizable office properties and within the Stemmons medical corridor. The 20-story class-A office tower fetched $68.4 million in October 2017. According to sale broker CBRE, the 634,000-square-foot building is one of North Dallas’ best investment opportunities, as it is home to a diverse group of institutional-quality tenants such as healthcare company Aetna, Children’s Medical Center administrative offices and Southwest Airlines, and was recently renovated.