DALLAS, TEXAS – March 2018 Lincoln Property Company announced it has assumed property management of 3131 Turtle Creek, a 142,974 RSF-square-foot, Class-A office property located in Dallas’ Uptown/Turtle Creek submarket.
Located in one of Dallas’ most sought-after office and residential areas, 3131 Turtle Creek overlooks the Katy Trail and is just minutes from US 75, the Dallas North Tollway, Oak Lawn, Highland Park, and Downtown Dallas. The 13-story, boutique property was extensively remodeled in 2016 and 2017 including lobby renovations and the additions of a 2nd floor tenant lounge with grab-and-go deli, bike storage, and locker rooms with showers. The property was acquired by State Teachers Retirement System of Ohio in March 2018, and the owner continues to make improvements to the building. Major tenants include True North Advisors, ForrestPerkins, and Cardinal Capital.
3131 Turtle Creek is the latest addition to Lincoln’s growing property management portfolio in Dallas. “Our customer-focused reputation, as well as extensive knowledge of the Uptown submarket sets us apart,” said Andrew Jones, Senior Vice President at Lincoln. “We are thrilled to be a part of this team and look forward to working with STRS Ohio in achieving all goals for this great project.”
About STRS Ohio
State Teachers Retirement System of Ohio is one of the nation’s premier retirement systems, serving nearly 493,000 active, inactive, and retired Ohio public educators. With investment assets of $77.7 billion (including short-term investments) as of June 30, 2018, STRS Ohio is one of the largest public pension funds in the country.
About Lincoln Property Company
Lincoln Property Company is one of the largest and most diversified real estate companies in the United States, offering a comprehensive suite of value-added services for its clients, including asset and property management, construction management, development and build-to-suit services, investments / acquisitions, and landlord representation.
Lincoln is highly regarded within the real estate community and among its clientele: investors, lenders, tenants, and owners of commercial real estate. Additionally, its experienced team and ownership mentality uniquely position Lincoln as one of the most trusted real estate partners among institutional real estate investors. Lincoln’s commercial group has developed more than 130 million square feet of commercial space and currently manages over 170 million square feet of space across the United States.