Meadow Park Tower
- Size260,000 SF
- Built1987
- Stories15
- Parking3:1000
- lease
- manage
- own
- sold
The Story
Acquired in 2016 alongside One Glen Lakes in a 2-building portfolio, Cawley Partners and Stockbridge Capital Group partnered together on a value add strategy along Central Expressway. Meadow Park was renovated, leased, and sold in 2018.
The Scorecard
Cost | $30.5 Million
IRR | 21%
Multiple | 1.5x
Hold Period | 3 Years
The Location
sold
Meadow Park Tower