BDP Holdings, a New Jersey-based real estate investment company and private placement sponsor, has acquired a Class A office building near Dallas that serves as the corporate headquarters of Sabre Corporation.
The 265,942-square-foot, five-story facility is 100% leased to Sabre, a Fortune 1000 company, through 2032.
“The building is 100% leased to the Sabre Corporation, a historic industry leader, whose revenue only continues to grow substantially,” said Dennis Lim, a BDP principal. “Additionally, the Dallas/Fort Worth area, with its leading pro-business environment, continues to thrive as the country’s fastest growing metro.”
Located at 3150 Sabre Drive in Southlake, Texas, the building totals approximately 265,942 square feet across 12.60 acres of land. The property includes five floors of office space and structured surface parking with 1,119 spaces. Built in 2001 and fully renovated in 2021, the LEED certified building has a full-service cafeteria, outdoor courtyard and a fitness center with locker rooms and showers.
BDP reports that Sabre invested more than $9 million in the property over the last five years.
BDP Holdings specializes in the acquisition, development and repositioning of real estate in the New York tri-state area and across the U.S. The company focuses on properties in markets with high barriers to entry and then seeks to add value through the repositioning of current properties or the development of new properties and communities. BDP’s executive team has invested in more than $6.5 billion of value-driven real estate and acquired over five million commercial square feet in more than 30 states.