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Shops at Park Lane
JLL Creative
Created on November 28, 2023
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POWERHOUSE SHOPPING DESTINATION
OfferingOverview
HIGHLY PRODUCTIVE RETAIL TENANT MIX
HISTORY OF PARK LANE
LIVE, WORK, PLAY
For more information, please register in the JLL Investor Center
Whole Foods Grocery-Anchored
STRONG 3.50% CAGR
Hyper-core Mixed-Use Location
TOP 6% OF SHOPPING CENTERS IN THE U.S.
click to interact
Whole Foods Grocery-Anchored
STRONG 3.50% CAGR
Hyper-core Mixed-Use Location
TOP 6% OF SHOPPING CENTERS IN THE U.S.
POWERHOUSE SHOPPING DESTINATION
OfferingOverview
HIGHLY PRODUCTIVE RETAIL TENANT MIX
HISTORY OF PARK LANE
LIVE, WORK, PLAY
For more information, please register in the JLL Investor Center
89%
OCCUPANCY
Retail: 564,116 SF Office: 100,445 SF Total: 664,561 SF
TOTAL SF
8080 Park Lane Dallas, TX 75231
Address
Offering Overview
The Property's walkable, mixed-use environment coupled with its irreplaceable location within Dallas’s urban core and affluent neighborhoods allows companies to effortlessly recruit, attract, and retain top talent.
Work
The Shops at Park Lane boasts a diverse collection of established retailers and emerging experiential concepts, activating the center and driving interest from both tenants and consumers.
Residents of the Galleries at Park Lane and the Heights at Park Lane benefit from luxury living spaces and amenities located in a vibrant, mixed-use environment within the heart of Dallas.
Live
Play
OVER 76K SF OF NEW LEASING ACTIVITY IN THE PAST 12 MONTHS, INCLUDING
Over the course of their ownership, Northwood has completed several capital projects for The Shops at Park Lane and surrounding assets; including, cladding and painting of the parking garages, addition of video boards visible from North Central Expressway, installation of escalators to improve connectivity between the upper and lower retail levels, central plant improvements, and new digital and static advertising. Northwood also further expanded the Property with the addition of 37K SF of retail and restaurant space, anchored by a central park, and developed complementary adjacent projects, including 246 multi-family units and 120K SF of Class A office space.
IRREPLACEABLE LOCATION SURROUNDED BY AFFLUENT DEMOGRAPHICS
Consumer Spending Power
$10.8B
Average Home Value
$865K
7-Minute Drive
Average Household Income
Avg. Class A Multifamily Rent / Unit
$155K
$2,147
Downtown Dallas
34,074 People Avg. Home Value of $1.0 Million
35,572 People Avg. Home Value of $730,000
Lakewood
M Streets
23,992 People Avg. Home Value of $2.0 Million
8,862 People Avg. Home Value of $3.8 Million
University Park
Highland Park
12,000+ Students Top 20% of National Universities (U.S. News, 2024)
TOP-RANKED MALL IN THE NATION WITH OVER $1 BILLION IN ANNUAL COMMERCE