JLL is pleased to present a unique opportunity to acquire a significant corporate office development site in Southlake, Texas. Located in one of the strongest demographic submarkets in north Texas, with a strong employee base and existing corporate campus presence, this approximately 42 acre property is situated at the northeast corner of Texas State Highway 114 and N White Chapel Boulevard.
Southlake is one of the most affluent and desirable neighborhoods in the United States, as average household incomes exceed $270,000 and over 68% of residents hold a bachelor’s degree or higher. The predominately white-collar workforce has boosted real estate prices in the area which currently have median home values of over $695,000 – well above the national median home value of $240,000. The area claims an extremely low crime rate along with exceptional school systems.