Prosperity in Preston Center
By admin on Feb 22, 2008 in Dallas County
At the edge of University Park, the Preston Center business district is enjoying the highest Dallas office space vacancy rates in the region, at 90.7 percent. Rents in the area are the highest in North Texas, at an average of $29.28 per square foot. The three million square feet of available leased space sits in an area of about 16 blocks, nestled against some very exclusive neighborhoods.The Newest Tenants
Staubach Company has acquired a building at Douglas Avenue and Berkshire Lane, and will be completing its new location adjacent to the Guaranty Bank Tower. R.M. Crowe Company also plans to build a high-rise office building at the corner of the tollway and Luther Lane.
A Shopping Experience
A major draw for business is The Plaza at Preston Center. This mall is more than just a mere collection of stores. The carefully landscaped pathways guide the shopper through a delightful collection of specialty and boutique stores. Businesses in the mall include Sprinkles Cupcakes, so delectable they coerce even the most famous Hollywood stars to wait in line for their sweet treats. This is the original Beverly Hills Cupcake Bakery. For the pet lover, Lucky Dog Barkery, which was featured in the December 2007 issue of D Magazine, provides such indulgences for your pooch as cashmere dog sweaters, chenille beds, and a whole line of spa products.
Upscale Neighbors Drive Business
The Preston Center business is within easy reach of the Preston Hollow and Park Cities neighborhoods. Professionals, executives, and entrepreneurs who live in the area support the businesses, which offer a great deal of convenience.
With all of the prosperity in the Preston Center district, it makes one wonder if any business can go wrong leasing this prime Dallas office space. This successful neighborhood appears to be a gold mine to those who are savvy enough to take advantage of the prestigious location.
