{"id":45002,"date":"2025-08-18T07:49:23","date_gmt":"2025-08-18T04:49:23","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=45002"},"modified":"2025-08-06T07:51:02","modified_gmt":"2025-08-06T04:51:02","slug":"the-link-at-uptown-dallas-office-tower-has-new-owner","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/the-link-at-uptown-dallas-office-tower-has-new-owner\/","title":{"rendered":"The Link at Uptown Dallas Office Tower Has New Owner"},"content":{"rendered":"<p>Commercial real estate advisor and service provider Newmark Group, Inc. announced the sale of The Link at Uptown, the recently delivered, class AA office tower in the Uptown submarket of Dallas, Texas. The buyer, real estate investment trust Cousins Properties, reportedly paid $218 million for the trophy-grade asset.<\/p>\n<p>Newmark Vice Chairmen Chris Murphy, Robert Hill, and Gary Carr, along with Director Austin Sheahan, worked on behalf of the seller, Kaizen Development Partners.<\/p>\n<p>Completed in 2021, the property rises 25 stories above Olive Street and incorporates more than 290,000 square feet of rentable premium <a href=\"https:\/\/www.commercialcafe.com\/office\/us\/tx\/dallas\/\" target=\"_blank\" rel=\"noopener\">Dallas office space<\/a> that was reportedly more than 90% leased at the time of sale with a weighted average lease term of more than nine years. Tenants include investment bank and financial services company Houlihan Lokey; digital marketing company PMG; and international law firm McGuireWoods.<\/p>\n<div id=\"attachment_45003\" style=\"width: 650px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2025\/08\/The-Link-at-Uptown-office-tower-in-Dallas-at-2601-Olive-Street.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-45003\" class=\"size-full wp-image-45003\" src=\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2025\/08\/The-Link-at-Uptown-office-tower-in-Dallas-at-2601-Olive-Street.jpg\" alt=\"The Link at Uptown office tower in Dallas at 2601 Olive Street\" width=\"640\" height=\"800\" srcset=\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2025\/08\/The-Link-at-Uptown-office-tower-in-Dallas-at-2601-Olive-Street.jpg 640w, https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2025\/08\/The-Link-at-Uptown-office-tower-in-Dallas-at-2601-Olive-Street.jpg?resize=120,150 120w, https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2025\/08\/The-Link-at-Uptown-office-tower-in-Dallas-at-2601-Olive-Street.jpg?resize=240,300 240w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><p id=\"caption-attachment-45003\" class=\"wp-caption-text\"><em>The Link at Uptown office tower at 2601 Olive St. in Dallas<\/em><\/p><\/div>\n<p>\u201cWe are excited to grow our presence in Dallas, and particularly the dynamic Uptown submarket, with the acquisition of The Link,\u201d said Colin Connolly, president and chief executive officer of Cousins Properties. \u201cWith our strong balance sheet and financial flexibility, we have accretively acquired more than $1 billion of lifestyle office properties in the past nine months. The acquisition of The Link offers another compelling growth opportunity that is immediately accretive to earnings while enhancing our portfolio and geographic concentration.\u201d<\/p>\n<p>The property includes more than 9,300 square feet of retail on the ground floor. Floors 2 through 13 offer more than 870 parking spaces, while tenant indoor and outdoor amenities are concentrated on the 14<sup>th<\/sup> floor. These include customer lounge, fitness and conference centers; an outdoor terrace with an activity lawn and expansive views of the city; and The Kaizen Collection \u2014 a collection of overnight executive suites available exclusively to tenants and their guests.<\/p>\n<p>Located in the heart of Uptown Dallas, the property was designed to serve as a link between Uptown, Victory Park, and Downtown Dallas. Boasting a nearly perfect Walk Score and situated just a few blocks from U.S. Highway 75, Interstate 35, and the Dallas North Tollway, The Link at Uptown is easily accessible.<\/p>\n<p>\u201cThis transaction is a resounding endorsement for Dallas-Fort Worth and a clear indicator of the market\u2019s strength,\u201d Murphy said. \u201cThe outcome achieved here underscores investor conviction for best-in-class office and is a testament to the exceptional quality of the product delivered by our client, Kaizen. We look forward to the continued stewardship and success that The Link will experience under the new ownership of Cousins, one of the most respected and successful public REITs in the world today.\u201d<\/p>\n<div id=\"attachment_45004\" style=\"width: 650px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2025\/08\/trophy-dallas-office-space-at-2601-Olive-Street-in-Uptown.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-45004\" class=\"size-full wp-image-45004\" src=\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2025\/08\/trophy-dallas-office-space-at-2601-Olive-Street-in-Uptown.jpg\" alt=\"trophy dallas office space at 2601 Olive Street in Uptown\" width=\"640\" height=\"800\" srcset=\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2025\/08\/trophy-dallas-office-space-at-2601-Olive-Street-in-Uptown.jpg 640w, https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2025\/08\/trophy-dallas-office-space-at-2601-Olive-Street-in-Uptown.jpg?resize=120,150 120w, https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2025\/08\/trophy-dallas-office-space-at-2601-Olive-Street-in-Uptown.jpg?resize=240,300 240w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><p id=\"caption-attachment-45004\" class=\"wp-caption-text\"><em>The Link at Uptown incorporates more than 290,000 square feet of trophy Dallas office space. <\/em><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Office space at The Link at Uptown begins above the luxurious tenant amenities floor and includes more than 290,000 square feet of Dallas office space that is graded class AA. <\/p>\n","protected":false},"author":48,"featured_media":45005,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37,39],"tags":[],"class_list":["post-45002","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-office","wpautop"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cousins Buys New Uptown Dallas Office Tower | CommercialCafe<\/title>\n<meta name=\"description\" content=\"Cousins Properties acquires The Link at Uptown, the recently completed lifestyle office tower in Uptown Dallas.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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