Dallas Park Central 3 and 4

Park Central 3 and 4 served as the headquarters of J. C. Penney in Dallas until purchased by McKnight in 2005. The buildings were sound structurally and well maintained; however, J. C. Penney’s departure reduced occupancy to around 30%. This created the opportunity for McKnight to add value to the buildings. In order to maintain the properties in first class condition and provide tenants with first-class space McKnight spent in excess of $40,000,000 on capital expenditures and tenant improvements. With the anticipated opening of the LBJ Freeway and the continued strengthening of the Dallas office market this project has potential for additional growth in value.

property information

Location: 12700 & 12712 Park Central Drive Dallas, TX 75251
Purchased: January 2005
Area: 735,000 sf
Leasing Information: McKnight Property Management
(972) 233-9541


A & M Systems
A.E. Smith, CPA
All Risks Ltd
Altair Engineering, Inc.
American Group Insurance
Anthony T. Ruggeri & Associates
C1 Insurance Group
Corner Bakery Café Restaurant Corporation
Corner Bakery Grab-N-Go Deli
Dallas Cup, Inc.
FPT Operating Company, LLC
Frenkel & Frenkel, LLP
H-5 Colo Associates, LLC
Haynes & Boone, LLP
Holmes Murphy & Associates, LLC
Integrated International Payroll, LLC
J. Hilburn, Inc.
LCG Associates
Leadership Network
Lovins Trosclair, PLLC
MarketScout Wholesale, LLC
McKnight Property Management, LLC
Mesorah School
Park Central Stylist
Personal Economics Group, LLC
Planning Strategies, LLC
Platinum Dermatology Partners, LLC
PMG – North Texas
PMG Holding
Power Brokers, LLC
R1 RCM, Inc.
Ruth Ruhl, P.C.
SER Technology Corporation
Sons of the Flag
TACH Holdings, Inc. – Trinity Consultants
The Judge Group, Inc.
Turner Stone & Company
Ward & Moore Insurance Services, LP

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