SOLD: Largest Continuous Commercial Space Available in Dallas

International Plaza in Dallas

DALLAS — Taconic Capital Advisors L.P., a New York-based investment firm, has acquired International Plaza I & II, a twin-tower office campus totaling 757,000 square feet located along the Dallas North Tollway.

Designed by HKS Inc., the two International Plaza towers were completed in 1999 and 2002. They previously housed major tenants including JPMorgan Chase and Fannie Mae. With both companies relocating to new campuses in Plano, the property now offers one of the largest contiguous blocks of Class A office space available in the Dallas–Fort Worth market.

“We now have more than 750,000 square feet of existing Class A office space available in a single, contiguous block, which is rare in this market,” said Chris Taylor, Executive Managing Director at Cushman & Wakefield, the firm retained to manage leasing and property operations for the campus.

This purchase marks Taconic Capital’s first acquisition in North Texas. Founded in 1999, the privately held firm operates offices in New York, London, and Hong Kong. Andrew Lam led the transaction on behalf of Taconic.

Leasing for International Plaza I & II will be led by a Cushman & Wakefield team including Lauren Napper, Matt Schendle, Trey Smith, and Chris Taylor. The group plans to focus on securing large-scale transactions to take advantage of the property’s rare contiguous space.

April 10, 2018 Realty News Report Copyright 2018