Transwestern to Build 310,000 SF Office Building Near CityLine in Richardson

RICHARDSON, TEXAS — Transwestern Development Co. will break ground this month on 3400 @ CityLine, a 310,000-square-foot speculative office building. Located at 3400 N. Central Expressway, the Class A building is adjacent to the 183-acre CityLine campus in Richardson. The five-story project will be developed by a joint venture including a fund advised by the real estate business of UBS Asset Management, Transwestern Development Co. and Malouf Interests. Slated for delivery in mid-2017, the building will feature design elements including floor-to-ceiling glass and 10-foot ceilings. The property will offer five parking spaces per 1,000 square feet in a parking structure. On-site amenities will include a deli and lounge area, fitness center and a 40,000-square-foot exterior courtyard. Transwestern’s Duane Henley and Nathan Durham are providing leasing services. Construction financing is being provided by a consortium led by Amegy Bank N.A., a division of Zions Bank N.A., and includes American National Bank of Texas and Commerce Bank, a Missouri bank and trust company. The consultant team includes architect BOKA Powell, structural consultant Cardno Haynes Whaley, mechanical, electrical and plumbing engineer DBR, civil engineer Halff & Associates and landscape architect Pacheco Koch.

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