Wednesday, August 06, 2014

Exxon Mobil puts Dallas office campus on the market


Exxon Mobil Corp. (NYSE: XOM), the world's largest oil and gas company, has put its 23-acre office campus off Stemmons Freeway in Dallas on the market.

The Dallas office campus was placed on the market, along with a Houston property, said a source with JLL, which is marketing the Exxon Mobil portfolio.

The Dallas facility, named Pegasus Place, is at 3000 Pegasus Park Drive in Dallas along Interstate 35E. The office campus has a number of buildings and includes a 17-story, 594,000-square-foot office building; a two-story, 67,000-square-foot office building and three auxiliary buildings.

Based on the size of the campus, JLL officials say the property could be redeveloped or repurposed into another corporate use.

JLL's Ronnie Deyo, Paul Whitman and Doug Carignan are leading the marketing efforts on behalf of Exxon Mobil, which is currently building a massive office campus in Houston.