Dallas, December 24, 2025
Crescent Real Estate has acquired a 19-story office tower at 2100 McKinney Ave in Uptown Dallas. This significant investment, funded by a $170.4 million loan, enhances Crescent’s presence in a bustling market. Currently, the tower is 95% leased, with notable tenants like CBRE occupying a substantial space. This acquisition follows previous investments that underscore Crescent’s commitment to the area’s growth and reflects confidence in the local real estate market.
Dallas – Crescent Real Estate has made a significant investment in the Uptown Dallas market with its recent acquisition of a 19-story office tower located at 2100 McKinney Ave. This strategic purchase, finalized on December 17, 2025, was financed through a substantial loan of $170.4 million. While the exact purchase price remains undisclosed, the acquisition is noted to enhance Crescent’s portfolio in this dynamic neighborhood.
The office tower, which boasts a total square footage of 360,000, is currently 95% leased, underscoring its desirability within the competitive Uptown market. Key tenants include the prominent real estate firm CBRE, which occupies a generous 95,000-square-foot space. Notably, CBRE’s global headquarters recently opened at PwC Tower at 2121 Pearl St., further demonstrating the area’s appeal to large corporate entities.
Crescent Real Estate’s acquisition of the McKinney Ave. tower is part of a broader strategy to solidify its presence in Uptown Dallas. The firm previously invested in the area by purchasing The Crescent complex for up to $700 million in 2021, and earlier this year, it secured The Texas Capital Center at 2000 McKinney Ave., marking it as the largest office transaction in the Dallas-Fort Worth region for 2025.
Founded by billionaire John Goff, Crescent has been a key player in enhancing the Dallas commercial real estate landscape. The firm’s ventures not only reflect its dedication but also indicate a robust market responding positively to private investments. The recent renovation of the McKinney Ave. tower in 2021 adds to its value, making it an appealing option for tenants looking for modern office spaces.
Overall, Crescent Real Estate’s ongoing investments signify a vote of confidence in the Uptown area, showcasing how strategic acquisitions and renovations can stimulate economic growth and bolster the local real estate market.
### Acquisition Details
Crescent Real Estate’s latest venture into the Uptown district exemplifies the overarching growth trends in Dallas County’s economy. The strategic location of the new tower, coupled with its high occupancy rate, gives it a competitive edge, reinforcing the area’s reputation as an attractive hub for business. The involvement of firms like Crescent illustrates the potential for continued economic vitality fueled by private enterprise and relatively less regulatory burdens.
### Supporting Local Business
As the Dallas economy continues to flourish, the successes of Crescent and other local companies highlight the resilience and entrepreneurial spirit embedded in the fabric of the community. The active participation of private investors helps stimulate job creation and fosters innovation, paving the way for future developments.
In an era where economic growth can be significantly bolstered by reduced red tape, the example set by Crescent Real Estate serves as a model for potential future investments. Engaging local stakeholders and maintaining transparent practices can further amplify this growth trajectory, benefiting Dallas residents and businesses alike.
### Conclusion
The recent acquisition of the office tower at 2100 McKinney Ave by Crescent Real Estate marks another chapter in the ongoing story of economic growth in Dallas. As detailed, the combination of strategic investments, high occupancy rates, and prime locations showcases a flourishing real estate market poised for continued success. Local entrepreneurs, community members, and stakeholders are encouraged to support these developments as they contribute significantly to maintaining a vibrant and economically prosperous Dallas.
### FAQ Section
- What is Crescent Real Estate’s latest acquisition in Uptown Dallas?
- Crescent Real Estate has acquired a 19-story office tower at 2100 McKinney Ave., adding to its growing portfolio in the area.
- Who are the major tenants in the 2100 McKinney Ave. building?
- Notable tenants include real estate firm CBRE, which occupies a 95,000-square-foot office space.
- What other properties has Crescent Real Estate acquired in Uptown Dallas?
- In 2021, Crescent purchased The Crescent complex for up to $700 million and acquired The Texas Capital Center at 2000 McKinney Ave. earlier this year.
- Who founded Crescent Real Estate?
- Crescent Real Estate was founded by billionaire John Goff.
- What is the significance of the 2100 McKinney Ave. tower in Crescent Real Estate’s portfolio?
- The tower’s strategic location and high occupancy rate make it a valuable addition to Crescent Real Estate’s expanding portfolio in the competitive Uptown Dallas market.
| Feature | Details |
|---|---|
| Property Address | 2100 McKinney Ave., Dallas, TX |
| Building Height | 19 stories |
| Square Footage | 360,000 square feet |
| Occupancy Rate | Approximately 95% |
| Notable Tenant | CBRE (95,000-square-foot office space) |
| Acquisition Date | December 17, 2025 |
| Financing | $170.4 million loan |
| Purchase Price | Not disclosed |
| Previous Owner | Metropolitan Life Insurance Co. and New York Common Fund |
| Developer | Trammell Crow Company |
| Year Built | 1999 |
| Renovation Year | 2021 |
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