ACRON Kings Park L.P.

Office Building – Dallas, Texas

The Kings Park Class A office property is situated in the direct vicinity of other ACRON real estate in North Dallas. This district, which is called the "Platinum Corridor", is home to many major corporations and therefore regarded as very desirable. The regional office market is considered to be secure and robust. A stable economic climate, a healthy job market, and optimum traffic connections are characteristic for this location.

Private Placement

 
Legal form U.S. Limited Partnership
Address / registered office
of the company
1516 South Boston Avenue, Suite 215
Tulsa, OK 74119
USA
Year issued 2002
Year closed 2004
Number of partners 39
Type of income for
tax purposes
Business income
 

The Property

 
Type of use Office building
Address 5700 West Plano Parkway
Plano, TX 75093
USA
Year constructed 1998
Site area 139,450 sq. ft. (12,960 m²)
Net leasable area 50,955 sq. ft. (4,736 m²)
Parking spaces 195, thereof 48 covered
 

Key Figures (in USD)

 
Investment volume 10,900,000
Equity 4,310,000
Borrowed funds 6,590,000
 

 

ZURICH LUXEMBOURG DÜSSELDORF DALLAS
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