Bank of America Signs 248 KSF Dallas Lease


Bank of America Signs 248 KSF Dallas Lease


The company is relocating to a new tower as well as reducing its footprint in the city.

A joint venture between Pacific Elm Properties and KDC will soon break ground on Parkside, a 500,000-square-foot office project in uptown Dallas. Bank of America has signed a 238,000-square-foot lease at the upcoming property, downsizing its footprint in the metro. JLL represented the tenant in the transaction.

Bank of America will relocate from the 500,000 square feet it occupied at the 72-story Bank of America Plaza at 901 Main St. since the building’s delivery in 1985, according to The Dallas Morning News. Upon tenant move-in, the building will be known as Bank of America Tower at Parkside...
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RSK: You may ask who cares?....but the fact of the matter is larger companies are going to newer office buildings with more amenities but downsizing at the same time....so the beat goes on.

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- - Volume: 11 - WEEK: 39 Date: 9/26/2023 2:25:33 PM -