Richardson office campus is latest Telecom Corridor property on the market

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Richardson office campus is latest Telecom Corridor property on the market
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A high-profile office in Richardson’s Telecom Corridor is up for grabs. The 3400 at CityLine office building was constructed in 2018 at U.S. Highway 75 and...

The 3400 at CityLine office building was constructed in 2018 at U.S. Highway 75 and Renner Road.

The more than 300,000-square-foot office campus is in Richardson’s mixed-use $1.5 billion CityLine district on the south side of Bush Turnpike at U.S. 75. The five-story office project was developed by UBS Asset Management and Transwestern Development Co. BOKA Powell designed the project, which includes a fitness center, a yoga garden and a parking garage with space for more than 1,000 cars.

The building is more than 77% leased to tenants including DXC Technology, Generational Equity and McCarthy Cos.“3400 at CityLine provides investors the rare opportunity to acquire a modern, recently completed Class A asset with tremendous upside in the thriving Dallas-Fort Worth market,” JLL’s marketing pitch says.

The D-FW area led the country in commercial property sales in 2021 with almost $47 billion in transactions.

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