Everything old is new again, especially in the midst of an economic rebirth. Such is the case with Preston Center in Dallas, where the 1950s era development has consistently razed dated buildings to give way for the modern face of one of the country’s fastest-growing economies. Home to a unique combination of high-end retail and traditional office space, Preston Center is an appealing mix of modern living and professional businesses that personifies the 21st century Dallas commercial real estate market.
As one of the premier locations within the DFW region, the area surrounding Preston Center Plaza is synonymous with high-end retail fronts, residential and commercial real estate companies, and several law firms. Rents are amongst the highest in all of Dallas, ranging between $30 and $45 per SF, the top end of the scale being Class A space comparable to price points found throughout Uptown.
While the Preston Center skews towards the upper end of the price and prestige scale, it still offers a wide variety of office space sizes, making it attractive for several different types of companies that are looking for a premier location and don’t mind the higher prices. High foot traffic is a particularly appealing benefit for retailers as many shoppers prefer to park their car in one of the many large lots around Preston Center and stroll through the shops, restaurants, and entertainment options within the area.
Public transportation is well-represented throughout Preston Center with businesses and retail centers easily accessible by DART bus. For those that prefer to drive, the Dallas North Tollway is typically less congested than other major thoroughfares and is particularly convenient with an NTTA TollTag. Preston Center features ample parking that has expanded considerably in recent years.
Given the many restaurants and retail fronts in the area, employees will always have shopping and eating opportunities during lunch or after office hours. An extremely walkable environment also means employees won’t have to move their car to eat or shop, able to walk around Preston Center and still have time to get back to the office.
Sitting between Preston Hollow and University Park, some of the most affluent neighborhoods in DFW are just a short distance away from Preston Center. With Northwest Highway, the Dallas North Tollway, and Central Expressway either crossing through the area or skirting it, many other neighborhoods are still convenient to Preston Center at far more attractive property prices. For singles or couples wanting to live close to work, several high-end condominium complexes are being built in place of older buildings, giving professionals a convenient option near Preston Center’s many law firms and real estate agencies.
Preston Center in Dallas is an exclusive area that can fit a variety of different companies and firms well as long as affordability is taken into account. Let TenantBase help you find and negotiate the ideal office space for your specific needs to make Preston Center your company’s home for lasting growth and success.