Ricchi Towers | 8585 Stemmons

Younger Partners, as exclusive advisor, is pleased to present to qualified investors the opportunity to acquire the 100% fee-simple interest in 8585 Stemmons (“Property”). Built when developers had egos, the twin towers of Stemmons Freeway offer investors a commanding presence in the revitalized West Love Field area. A significant presence on IH-35 (Stemmons Freeway), the Property affords potential investors an unmatched long term land site (13.5 acres) to compliment the immediate upside in a basis office purchase. West Love is home to name-brand, credit tenancy including Amazon, UT Southwestern, Parkland Hospital and Children’s Health. Just to the east of the building, the West Love master-planned development has added over 835 luxury multifamily units since 2018 with another 460+ units planned. Since 2009, the three adjacent hospital systems have leased over one million square feet of off-campus space in the area. Major life science developments such as Pegasus Park have created significant national attention from tenants and capital alike. Alexandria has acquired and is planning a purpose-built life science project at Harry Hines and Mockingbird while tenants including Health Wildcatters, MassChallenge, BioLabs and Taysha Gene Therapies have moved to the district. 8585 Stemmons is 50% leased to a diversified mix of office uses. This offering presents a truly unique opportunity to acquire an outstanding value-add office asset with tremendous upside while establishing a presence in the dynamic West Love submarket, where investment opportunities are becoming scarce!