DALLAS – March 6, 2024 – Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, announced today the completion of a multi-million dollar capital improvement project for an 18-story Uptown Dallas office tower owned by institutional investors advised by J.P. Morgan Global Alternatives.
J.P. Morgan Global Alternatives, in conjunction with architect Entos Design and general contractor Michael Walker Construction, recently completed renovations to the lobby and created new amenities, including a tenant lounge, public corridors, a conference center, a fitness center, an outdoor patio, and grab-and-go coffee and lunch options.
“We are excited to introduce the transformed 2515 McKinney to the Dallas market,” said Dan Minkoff, Executive Director at J.P. Morgan. “The extensively renovated Uptown-based office tower not only meets but exceeds expectations, providing tenants with a truly exceptional and inspiring workplace, ensuring productivity and enjoyability within the dynamic submarket.”
In April 2023, Stream announced that it was working closely with J.P. Morgan Global Alternatives to reimagine the building’s identity. J.P. Morgan Global Alternatives renamed the tower 2515 McKinney, previously Chateau Plaza, and committed to a significant capital improvement plan to breathe new life into the building’s aesthetic, culminating with recently completed renovations. The updated design and luxury finishes create an elevated work experience that allows tenants to thrive in an environment that will entice collaboration and increase productivity.
“These amenities elevate 2515 McKinney into a premiere Uptown office destination in a neighborhood known for its mix of residential, office, and retail spaces,” said Stream Managing Director Rhett Miller, who handles leasing for the building along with Senior Associate Patrick Cruz. “The building is situated in a prime location of the most desired submarket in Dallas, with tremendous views and a presence on the city’s skyline unlike any other.”
The 178,970-square-foot building is situated on the corner of McKinney Avenue and Fairmount Street, near a host of fast-casual restaurants and popular retail shops. The property has easy access to Dallas North Tollway, U.S. 75 (Central Expressway), and Woodall Rogers Freeway (Texas Spur 366).
2515 McKinney is home to the privately held, state-chartered financial institution Nexbank, national healthcare strategy and transaction advisory firm VMG Health, and national business advisory company Riveron. The building currently offers suites ranging from 1,500 square feet to full floors totaling 18,000 square feet, including the currently available 13th floor and the 10th floor that will be available in January 2025. For information, contact Stream Dallas at 214.267.0400.
About J.P. Morgan Global Alternatives and J.P. Morgan Asset Management – Real Estate Americas
J.P. Morgan Asset Management – Real Estate Americas is the U.S. real estate investment platform of J.P. Morgan Global Alternatives. With US$70 billion (Gross Asset Value as of December 31, 2022) in assets under management and 180 professionals, the platform offers real estate strategies that span from core to opportunistic and across debt and equity. J.P. Morgan Global Alternatives is the alternative investment arm of J.P. Morgan Asset Management. With more than 60 years as an alternatives investment manager, US$211 billion in assets under management and more than 800 professionals (as of December 31, 2022), J.P. Morgan offers strategies across the alternative investment spectrum including real estate, private equity, private credit, hedge funds, infrastructure, transportation, timber and liquid alternatives. Operating from offices throughout the Americas, Europe and Asia Pacific, our independent alternative investment engines combine specialist knowledge and singular focus with the global reach, vast resources and powerful infrastructure of J.P. Morgan to help meet each client’s specific objectives. For more information, visit jpmorgan.com/am.
About Stream Realty Partners
Stream Realty Partners is a national commercial real estate firm offering an integrated platform of services, including leasing, Legendary CX property management, tenant and landlord representation, capital markets, investment management and sales, development, construction management, national program management, workplace strategies, strategic marketing and dedicated research. The company is headquartered in Dallas and operates 15 core offices in markets that cover areas including Alexandria, VA; Arlington, VA; Atlanta; Austin, TX; Boca Raton, FL; Charleston, SC; Charlotte, NC; Chicago; Colorado Springs, CO; Dallas; Denver; Fort Lauderdale, FL; Fort Worth, TX; Greenville, SC; Houston; the Inland Empire; Irvine, CA; Los Angeles; Miami; Nashville, TN; Orange County, CA; Phoenix; Raleigh-Durham, NC; Reston, VA; San Antonio; Tysons; Washington, D.C.; and South Florida. Since 1996, Stream has grown to more than 1,400 professionals and now completes more than $8.8 billion annually in office, industrial, retail, healthcare, land and data center transactions. For information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, X and Facebook.
