$290m construction financing secured for dallas class aa trophy office tower

Jll capital markets led the financing efforts for parkside uptown, which is nearly 50% pre-leased to bank of america dallas , april 16, 2024 /prnewswire/ -- jll's capital markets group announced today that it has arranged a $290 million construction loan for parkside uptown, an approximately 500,000-square-foot, trophy class aa office tower being built in uptown dallas. jll worked on behalf of the developer, pacific elm properties, to secure the four-year, floating-rate loan from the real estate group within goldman sachs alternatives.
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