Details
- Size: 455,000 sq. ft.
- Location: Arts District | Dallas
KPMG Plaza at Hall Arts
The prominent KPMG Plaza at Hall Arts office building is located in the Arts District area of Uptown Dallas. Developed by Hall Financial Group, this iconic 19-story office building comprises 455,0000 square feet of Class “AA” space leased to several quality tenants, including KPMG, Jackson & Walker, and Bell Nunnally. Working closely with Civitas Capital as its partner, Champion creatively structured this investment to have a stable and lasting cash flow stream that would appeal to conservative-minded foreign investors. This originally included a master lease of vacant space by the prior owner, Hall Financial Group, the assumption of attractively-priced EB-5 mezzanine financing, and senior debt and joint venture equity from various South Korean institutional investors. After just a few years of ownership and upon reaching leasing stabilization, Champion and Civitas sold the building to a European investment company.