Property undergoing a refresh with new owner
Lincoln Property Company (LPC) announced it has recently signed over 30,000 square feet of leases at One Glen Lakes. The property’s owner, ICM Asset Management, is also in the midst of overhauling the building’s amenities and common areas.
Located just east of Central Expressway at 8140 Walnut Hill Lane, One Glen Lakes is a 10-story, Class-A office building totaling 169,000 square feet. The property offers an abundance of walkable amenities,is minutes from some of Dallas’ most high end residential and retail areas, including Preston Hollow, Lake Highlands, NorthPark Center, and the Shops at Park Lane. It is also within a minute’s walk from the Walnut Hill DART station and Texas Health Presbyterian Hospital. LPC assumed leasing and management of the property in March 2020.
ICM Asset Management just completed a full floor of spec suites on the 2nd floor, varying in size from 1,300 square feet – 8,000 square feet, complemented by a shared tenant lounge on the floor. These suites are fully built out and move in ready. Additionally, a full amenity package is underway in the lobby, including a new conference center, fitness center, on-site management office and grab & go deli. The property achieved WELL Certification by upgrading its HVAC and ventilation systems to improve air flow and to fight airborne illnesses, like the cold, seasonal flu and Covid-19. A WELL Certification validates the buildings policies, procedures and protocols, while enhancing tenant confidence when returning to work during these challenging times.
“Tenants are taking notice of the positive changes happening at One Glen Lakes. With seven new leases, the property is now approaching 80% leased,” said Campbell Henry, LPC’s Senior Vice President.
The largest new lease signed in the midst of Covid, at 17,448 square feet, is Lincoln Harris CSG. A part of Lincoln Property Company, the Lincoln Harris Healthcare Group is a leading national healthcare real estate services firm with over 32 million-square-feet managed in 21 states. Their new space at One Glen Lakes will serve as their regional headquarters.