DALLAS—JLL has been awarded the exclusive leasing assignment of Solana, a 233-acre corporate campus situated along Highway 114 in Southlake and Westlake. The campus features three class A office properties totalling two million square feet.
Solana is owned by Chicago-based Equity Office Properties, who earlier this year, launched a capital improvement plan in excess of $65 million.
"Our goal is to make Solana the premier class A office campus in Dallas-Fort Worth, and we believe JLL will help us execute our vision," Brian Driesse, director, asset management at Equity Office, told GlobeSt.com.
Equity Office Properties pledged to transform the entire campus with several modern amenities and upgrades, while keeping with the integrity of the original architecture. Most notably, the capital improvements include new structured parking garages at The Vista at Solana and The Terrace at Solana that will raise the parking ratios at both buildings.The Terrace at Solana has increased its parking ratio to five per 1,000 square feet with the opportunity for future expansion that would eventually bring it to seven per 1,000 square feet. The Vista at Solana now boasts a seven per 1,000 square feet parking ratio.
JLL's managing director Jeff Eckert, senior vice president Jay Bailey and vice president Blake Shipley in the firm's Dallas office will team with JLL's senior vice president Frank Taylor and associate Meredith Miner in Fort Worth to lease and market the campus.
"The capital improvements are near completion and have already made a major impact; they've truly created a cutting-edge campus experience," says Eckert. "We expect that the new look and feel will attract FORTUNE companies who want to relocate their operations to and within the Metroplex."
Currently, Solana offers the largest available contiguous class A blocks for lease in the Metroplex. Two large opportunities include 381,000 square feet at The Vista at Solana available immediately, and 715,000 square feet at The Terrace at Solana, which will be 100 percent available in early 2017 for single and multitenant occupancy. Additionally, the property has three parcels of land totalling 111.9 acres that are ready for built-to-suit development.
Solana features a newly renovated 38,000-square-foot Larry North Fitness Center, Marriott hotel and conference center, 10,000-square-foot day-care center and numerous restaurants.
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