CBRE Global Investors to Launch $19M Renovation of Galleria Office Towers in Dallas

by Haisten Willis

DALLAS — CBRE Global Investors will launch a $19 million capital improvement program for the Galleria Office Towers in Dallas. The three Class A office buildings are located on the corner of the Dallas North Tollway and LBJ Freeway and are directly connected to the Westin Galleria Hotel, as well as the Galleria mall. The assets were built between 1982 and 1991 and total 1.4 million square feet. Renovations will include a new parking system that will be the first of its kind at an office building in North America. The system includes license plate recognition technology that provides in and out access, electronic signs that display the number of spaces available on each level and overhead LED lights to alert drivers of open spots on each row. Other improvements include new tenant lounges at each building, multiple conference centers, an expanded fitness center and renovations to the lobbies, common corridors, restrooms and elevator cabs. CBRE Global Investors owns the buildings, which include tenants such as MetLife, Merrill Lynch and Ryan Cos. Celeste Fowden, Shannon Brown and Kenzie Killgore of CBRE’s Dallas office are the leasing agents for the Galleria Office Towers. The properties are managed by CBRE under the direction of general manager Pam Baker, and CBRE’s project management team is leading renovations.

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