DALLAS, TX— Bradford UPT Partners, LLC, an investment LLC, has acquired Uptown Tower, a 253,991-square-foot 12-story office tower on 2.98 acres located at 4144 N. Central Expressway (US-75) in the Uptown office submarket, one of the strongest office markets in the Dallas area.
Creighton Stark, President, Institutional Office Investments, with the D-FW office of Weitzman handled negotiations for the seller, a Dallas-based LLC. Kevin Santaularia and Richmond Collinsworth of Bradford Cos. represented the buyer
Uptown Tower offers a signature location in the proven Uptown submarket while benefiting from recent mechanical modernizations and capital expenditures, including a complete elevator modernization, and the creation of an interior oasis in the tower’s atrium.
Uptown Tower, built in 1982 and completely renovated in 1994, offers exceptional accessibility at the southeast quadrant of Central Expressway and Fitzhugh Avenue. The submarket’s growth continues to be exponential, with growing companies relocating and expanding in the area including Bank OZK (107,000 square feet), Kirkland Ellis (48,000 square feet), Fortress (70,000 square feet), Haynes and Boone (125,000 square feet), Houlihan Lokey (75,000 square feet), Blackstone (40,000 square feet), Invesco (60,000 square feet) and Frontier Communications (100,000 square feet), among many others. This prime location provides for an unmatched live-work-play lifestyle that is second to none. Uptown Dallas offers an unparalleled destination for corporations seeking peerless status, allowing for recruiting and retaining a talented workforce, as well as maintaining their culture. This area of the country offers the newest upscale multifamily, the best restaurants and exciting social venues.