Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

1900 Pearl Named “Best Commercial Property Sale” by D CEO Magazine

Savannah Durban • 3/27/2020
The sale of 1900 Pearl was named “Best Commercial Property Sale” by D CEO Magazine as part of its annual Commercial Real Estate Awards. Mike McDonald, Jonathan Napper and Katy Jane Jenevein of Cushman & Wakefield represented the sellers, Goldman Sachs Asset Management and Lincoln Property Company, in the transaction.

1900 PearlThe 25-story, 260,326-square-foot office building, situated in the heart of the Dallas Arts District, was purchased by the State Teachers Retirement System of Ohio in April 2019 for $180 million.

“The sheer amount of interest in 1900 Pearl was staggering,” McDonald said. “It broke the Dallas office sales record by almost $200 per square foot.”

In a year when a variety of Downtown Dallas towers were put on the market, 1900 Pearl stood out as a newly built, highly amenitized property in one of the city’s most desirable office locations. Built in 2018, the Class A building offers 360-degree views and includes a 14th floor amenity center featuring a court for basketball and yoga, a workout facility, wine lockers and luxury lounge space for cocktails and meetings.

1900 Pearl is home to several high-profile tenants, including Steward Health, Baker McKenzie and Maverick Capital.

Related Insights

2019 US Industrial Construction Map
Research • Industrial

Industrial Construction Map

Use Cushman & Wakefield's interactive map to find out how much industrial commercial real estate construction activity is taking place in select United States cities.
7/6/2022
Niche Asset Card Image
Research • Insights

Niche Assets

Transaction activity for niche assets—healthcare, cold storage, data centers and senior and student housing—has exploded in recent years.
David Bitner • 10/21/2019
Cool Streets Card Image
Research • Retail

2019 Cool Streets

The 18-Hour Cool Street is driven by persistent urban renewal. Though “upstart” neighborhoods in some markets were unexpected, the trend will continue.
10/8/2019

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on  Cookies

More Options
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS