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

tenants

AE Smith
American Group Insurance
Bodycote
Central Cafe
Corner Bakery
Crescent Processing
Dallas Associated Dermatologists
Dallas CPA
Dallas Cup
David Smith
Dynamic Infusions
Forte
Frenkel & Frenkel
Gerber Technology
H5 Colo
Haynes & Boone, LLP
IAEE
imc²
Kimley Horn
LCG Associates
LPB Energy
Market Scout
Martin Ringle
Mesorah School
NADP
Ocular
PC Stylist
Personal Economics
Principal Management
Processes Unlimited
PSR
Quick Learning
Radiology Consultants
Ser Technologies
The Judge Group
Triumph Savings Bank, SSB
Turner Stone
Unicom
US Innovations
Wieck Media

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