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TOP 6% OF SHOPPING CENTERS IN THE U.S.

Hyper-core Mixed-Use Location

STRONG3.50% CAGR

Whole FoodsGrocery-Anchored

For more information, please register in the JLL Investor Center

LIVE, WORK, PLAY

HISTORY OF PARK LANE

HIGHLY PRODUCTIVE RETAIL TENANT MIX

OfferingOverview

POWERHOUSE SHOPPING DESTINATION

click to interact

For more information, please register in the JLL Investor Center

LIVE, WORK, PLAY

HISTORY OF PARK LANE

HIGHLY PRODUCTIVE RETAIL TENANT MIX

OfferingOverview

POWERHOUSE SHOPPING DESTINATION

TOP 6% OF SHOPPING CENTERS IN THE U.S.

Hyper-core Mixed-Use Location

STRONG3.50% CAGR

Whole FoodsGrocery-Anchored

click to interact

OfferingOverview

Address

8080 Park Lane Dallas, TX 75231

TOTAL SF

Retail: 564,116 SF Office: 100,445 SF Total: 664,561 SF

OCCUPANCY

89%

Play

Live

Residents of the Galleries at Park Lane and the Heights at Park Lane benefit from luxury living spaces and amenities located in a vibrant, mixed-use environment within the heart of Dallas.

The Shops at Park Lane boasts a diverse collection of established retailers and emerging experiential concepts, activating the center and driving interest from both tenants and consumers.

Work

The Property's walkable, mixed-use environment coupled with its irreplaceable location within Dallas’s urban core and affluent neighborhoods allows companies to effortlessly recruit, attract, and retain top talent.

OVER 76K SF OF NEW LEASING ACTIVITY IN THE PAST 12 MONTHS, INCLUDING

Over the course of their ownership, Northwood has completed several capital projects for The Shops at Park Lane and surrounding assets; including, cladding and painting of the parking garages, addition of video boards visible from North Central Expressway, installation of escalators to improve connectivity between the upper and lower retail levels, central plant improvements, and new digital and static advertising. Northwood also further expanded the Property with the addition of 37K SF of retail and restaurant space, anchored by a central park, and developed complementary adjacent projects, including 246 multi-family units and 120K SF of Class A office space.

Northpark Center

TOP-RANKED MALL IN THE NATION WITH OVER $1 BILLION IN ANNUAL COMMERCE

12,000+ StudentsTop 20% of National Universities(U.S. News, 2024)

Highland Park

University Park

8,862 People Avg. Home Value of $3.8 Million

23,992 People Avg. Home Value of $2.0 Million

M Streets

Lakewood

35,572 People Avg. Home Value of $730,000

34,074 People Avg. Home Value of $1.0 Million

Downtown Dallas

$2,147

$155K

Avg. Class A Multifamily Rent / Unit

Average Household Income

7-Minute Drive

$865K

Average Home Value

$10.8B

Consumer Spending Power

IRREPLACEABLE LOCATION SURROUNDED BY AFFLUENT DEMOGRAPHICS

Houlihan Lokey75,000 SF

eexxtra

  • Northwood acquires Park Lane
  • Retail: 54% Occupied with $16.7/SF NNN in-place rents
  • Office: 60% Occupied with $21.4/SF NNN ​
  • Right to develop an additional 1.2 MSF (~5.9 acres) of commercial space

2010

Generates over Million in Annual Commerce

$93.8

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