Preston Sherry Plaza — Sale in Dallas, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Dallas, TX 75225

Description

The Property Preston Sherry Plaza is distinguished by its two levels of retail while the third through seventh floors serve traditional office users. The office floor plates provide tenants with exterior balcony space on select floors and high-end finishes that are amongst the best in the local market. The exterior of the property features reflective glass and cast stone, and its unique architectural details make it one of the most recognized structures in Preston Center. BUILDING STATS • 165,409 RSF • Two floors totaling 59,464 RSF of retail • Five floors totaling 105,945 RSF of office • Built in 1986 • Renovated in 2024 • Institutional ownership

Market Context

This office in Dallas, TX is listed for sale. It has been on the market for 141 days. Compare it against other office listings for sale in Dallas, TX — view the full market.

As of Q1 2026, the Dallas / Fort Worth office market showed a 25.6% vacancy rate, average asking rents near $33.67/SF/yr, and rents up 4.4% year over year. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

Is the Dallas / Fort Worth office market tightening or softening?
Vacancy is around 25.6%, with asking rents rising year over year (Q1 2026).

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