Dallas – Transwestern Real Estate Services (TRS) announces the recently renovated and rebranded 411 N. Washington Ave., formerly known as Landry Tower, leased more than 50,000 square feet in recent months, with four new tenants committing to the building. Notable leases and expansions include Baylor Scott & White Institute for Rehabilitation, Epiphany Dermatology, Dallas Nephrology Associates, Midwife + Co, and Texas Spine Care Center. Transwestern’s Chris Lipscomb and Laney Delin provide Agency Leasing services on behalf of the building owner, Healthcare Realty (NYSE: HR).
“This newly renovated Class A medical office building is at the center of health and fitness in Dallas’ most vibrant neighborhood,” said Lipscomb. “Minutes from downtown and uptown, healthcare providers are realizing the tremendous growth in patient demand for services in the area, primarily due to a surge in population growth in Deep Ellum, Uptown and along Ross Ave. We are excited for these tenants to move into 411 N. Washington and serve the community.”
The building completed approximately $9 million in renovations in 2022, including a new 51,000-square-foot state-of-the-art Cowboys Fit fitness facility. Global design firm Perkins+Will designed the building renovations.
The building offers convenient access to a nearby medical center campus and features free covered patient drop-off and pick-up areas. In addition to 411 N. Washington, Healthcare Realty owns more than 720 properties throughout the United States.
Photos of building renovations can be viewed here.
About Healthcare Realty
Healthcare Realty (NYSE: HR) is a publicly-traded Real Estate Investment Trust (REIT) that focuses on owning, managing, acquiring and developing outpatient medical facilities throughout the United States. As the first REIT to specialize in medical office buildings, the Company has built a well-regarded medical real estate portfolio affiliated with market-leading healthcare systems exceeding 42 million square feet of MOB space across 35 states.
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. An integrated approach formed from fresh ideas drives value for clients across commercial real estate services, development, investment management and opportunistic endeavors for high-net-worth investors. The firm operates through 34 U.S. offices and global alliances with BNP Paribas Real Estate and Devencore. Learn more at transwestern.com and @Transwestern.
Media Contact:
Collin Burwinkel
972.774.2531
713.253.2334
collin.burwinkel@transwestern.com
twmediarelations@transwestern.com
