Wakeley Plaza Office Condos
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Mixed Use, Office Building
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Overview / Comments
Tower Park was designed in 1983 by notable architectural firm Savage Findley as an urban infill project. The area grew around Peony Park and The New Tower Inn and the central location and proximity to hospital services proved to be a desirable location for a medical and office building and nearly 30 years later this still holds true. The property has been updated in the last two years with a new roof, new cedar siding, new mechanical systems, and remodeled common areas. In a 20 year period the property shows a consistent historical occupancy of over 90%. This is due to proximity to Dodge Street, Methodist and Children’s Hospital, and a plethora or retail and food services. The building is built in a way that tenants can take advantage of vaulted ceilings, natural light, column free open plans - making it an ideal investment to accommodate changing workplace needs.
The property was recently converted into a condominium association with three units - A, B and C. C sold to an owner/user in 2019 and units A and B are available for purchase together.
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