5959 Corporate Drive


5959 Corporate Drive is a 537,000 square foot office building in West Houston. When this building was marketed for sale by its longtime corporate owner-occupant, Prescott saw an opportunity to create one of the premiere Class A mixed-use telecommunications real estate assets in North America — in terms of power, fiber, redundant back up power systems, structural floor loading, parking and operations. Prescott underwrote the building, completed due diligence and closed in 45 days at a basis of $44 per square foot in 1999. An additional six acres of land was also acquired adjacent to the building for future development.


5959 Corporate Drive
Dallas, TX 75228
567,333 SQ FT