UT Southwestern Expands Dallas Office Lease
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Description
UT Southwestern authorized to extend and expand their lease at 2777 North Stemmons Freeway with SRC Trinity Owner, LP, with an all-in estimated cost of $34 million.
Contract Details
Contract Amount
Total lease value estimated at $21,701,345 for extension/expansion; prior lease approved at $12,565,216; all-in estimate $34,266,561
Vendor
SRC TRINITY OWNER LP
Agency
The University Of Texas Permian Basin, TX
Contract Type
LEASE
Document Date
November 20, 2025
Contract Term
Extension to approximately 2035 for existing space, expansion term to 2039 for new space; details on phased commencements
Renewal Date
2039-12-31
Renewal Info
Lease extension for current premises (~84 months from 2029) and expansion for up to 120 months; includes tenant improvement allowances and abatement features
More from The University Of Texas Permian Basin
University of Texas System Board of Regents Meeting Minutes November 20 2025
University of Texas System Board of Regents Meeting Minutes November 20 2025
University of Texas System Board of Regents Meeting Minutes November 20 2025
University of Texas System Board of Regents Meeting Minutes November 20 2025
University of Texas System Board of Regents Meeting Minutes November 20 2025
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