Tollway Center
- Size200,000 SF
- Built2015
- Stories6
- Parking4:1000
- lease
- manage
- own
- sold
The Story
Following the success of Knoll Trail Plaza, Cawley Partners and USAA combined efforts on the development of Tollway Center in 2015. Delivering a Class A design and amenity offering, Tollway Center was leased to stabilize at rates significantly above its competitive set. Cawley and USAA sold Tollway Center in 2018 upon stabilization.
The Scorecard
Cost | $52.2 Million
IRR | 14%
Multiple | 1.5x
Hold Period | 3 Years
The Location
sold