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5/28/26
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DFW Land has purchased 8020 Park Lane, a 120.9k sf, Class A office property located within The Shops at Park Lane mixed-use district in Dallas, TX. The transaction marks DFW Land’s continued expansion in the submarket following its prior acquisition of 8070 & 8080 Park Lane.
Originally constructed in 2015, 8020 Park Lane is a state-of-the-art, trophy office building that is 100% leased to Energy Transfer LP. The five-story property features approximately 30k sf floor plates, floor-to-ceiling glass and structured parking, offering a modern workplace environment within a highly amenitized setting.
Located along US-75 with visibility to more than 300,000 vehicles per day, the property benefits from exceptional accessibility and proximity to some of Dallas’ most affluent neighborhoods, including the Park Cities, Preston Hollow, Lakewood and Lake Highlands.
The 33.5-acre Shops at Park Lane Mixed-Use District offers a true live-work-play environment, with over 540k sf of retail and more than 570 luxury residential units within walking distance. The district is anchored by premier retail and dining offerings and provides direct access to major transportation corridors and the Park Lane DART Station.
Newmark Capital Markets Vice Chairmen Chris Murphy, Gary Carr and Robert Hill and Director Austin Sheahan represented the seller, Northwood Investors, in the transaction. Senior Managing Director Andrew Porteous of Newmark’s Debt & Structured Finance group, along with Vice Chairman Clint Frease, Senior Managing Director Chris McColpin and Director Josh Francis, arranged the acquisition financing on behalf of DFW Land.
“Expanding our presence at Park Lane was a natural next step as we continue to grow our portfolio in high-quality, mixed-use locations,” said Vijay Borra, Chief Executive Officer of DFW Land. “8020 Park Lane adds a best-in-class, stabilized asset with strong tenancy and further reinforces our long-term commitment to this submarket.”
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