Younan Properties Selects Transwestern to Lease KPMG Centre, Patriot Tower in Dallas
Younan Properties, the largest owner of office space in Dallas has named Transwestern as exclusive leasing broker for two of its prestigious, downtown Dallas high‐rise office buildings.
Dallas, February 22, 2011 ‐‐‐Younan Properties, Inc., a fully‐integrated, national real estate owner and operator of office buildings in five major U.S. office markets announced that Transwestern has been awarded the exclusive leasing contract for both KPMG Centre and Patriot Tower, two institutional quality, Class A office landmarks in the heart of downtown Dallas.
Leading the leasing efforts for the properties are Transwestern's Duane Henley, Managing Director and Kim Brooks, Principal.
"Transwestern was selected for this assignment because of its innovation, local market expertise, ability to close deals and familiarity with the buildings," said Thom Ridnour, Director of Leasing for Younan's Dallas portfolio. "The team has extensive experience leasing in both Dallas and the CBD." According to Jack Eimer, President of Transwestern's Central Region, "Transwestern is pleased to have this opportunity to expand our relationship with Younan Properties in Dallas with these two great assets in the heart of the downtown resurgence."
The 848,778 square foot, 34‐story landmark is one of the most remarkable buildings belonging to Younan Properties. KPMG Centre is located at 717 North Harwood Street in Dallas' Central Business District. It is centrally located near Ross Avenue and The Arts District and within one block of the St. Paul DART rail station. KPMG Centre also is located minutes away from Woodall Rodgers Freeway, Central Expressway, The Dallas North Tollway and I‐ 30 making it an easy 10‐minute drive to Dallas Love Field Airport and a 25‐minute drive to DFW International Airport. The building offers commanding views of the Arts District, Uptown Dallas, Victory Park and Woodall Rodgers Park.
Designed by world‐renowned architectural firm I.M. Pei & Partners, the 646,278 square foot, 30‐story Patriot Tower has a unique diamond shape rising 448 feet high on the city's skyline. Two distinctive V‐shape cut‐outs accentuate the building geometry and multiply the number of corner offices. An attached 10‐story parking structure provides the highest ratio of parking in the entire Dallas CBD market. Patriot Tower offers an ideal downtown location immediately adjacent to Dallas Area Rapid Transit's St. Paul Light Rail station, a central hub of the city's public transportation system. It also boasts connections with Dallas' underground tunnel system, which runs throughout the CBD and features a wide array of retail shopping and dining venues.
About Younan Properties
Younan Properties is a fully integrated, self‐administered and self‐managed owner and operator of primarily Class "A" office properties located in five major U.S. office markets, including Dallas, Chicago, Houston, Phoenix and Los Angeles. The portfolio consists of 36 office properties with nearly 11.0 million square feet of rentable space. Younan is a full‐service real estate company with in‐house expertise and resources in leasing, asset and property management, marketing, acquisitions, redevelopment, facilityengineering and financing.
Transwestern is one of the largest privately‐held commercial real estate firms in the United States. A diversified operating company, Transwestern is active in the real estate service, development and investment management businesses. Transwestern creates value for clients through innovation, penetrating market intelligence and legendary service delivered by teams of local market experts. The firm has product specialties including office, industrial, retail, multifamily and healthcare, as well as a wholly‐owned research affiliate, Delta Associates. Transwestern leads the industry in sustainability and has received multiple ENERGY STAR® awards from the Environmental Protection Agency (EPA).
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