Dallas

JLL Seizes Leasing Reins At North Dallas’ Pinnacle Tower

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Published on March 23, 2026
JLL Seizes Leasing Reins At North Dallas’ Pinnacle TowerSource: Google Street View

JLL is stepping in to steer leasing at Pinnacle Tower, the 24-story office landmark on the Lower Tollway in North Dallas, after the property changed hands earlier this month. The 549,170-square-foot high-rise sits at the northwest corner of the Lyndon B. Johnson Freeway and the Dallas North Tollway and is reported to be roughly 88% leased, with an onsite café, tenant lounge, conference facilities, fitness center and shuttle service. New owners Estein USA and Vanderbilt Office Properties have tapped JLL to chase larger tenants as demand improves. JLL brokers Blake Shipley, Gini Rounsaville and Ashley Curry are leading the assignment.

According to ConnectCRE, JLL landed the marketing and leasing assignment at Pinnacle Tower after New York Life sold the asset to Estein USA and Vanderbilt earlier in the month, with the property reported at approximately 88% leased. ConnectCRE also identifies Shipley, Rounsaville and Curry as the leasing team JLL will deploy on behalf of the new ownership group. The handoff comes as institutional buyers step back into stabilized Dallas office properties, giving deals like this a bit more momentum than they might have had a year or two ago.

Building, size and amenities

Pinnacle Tower, at 5005 Lyndon B. Johnson Freeway, totals roughly 549,170 square feet across 24 stories, with typical floor plates of about 24,500 square feet, according to public property listings. Property data on LoopNet notes that the building holds LEED Gold recognition and has nearly 2,200 surface parking spaces. A CBRE brochure for available suites highlights an onsite café and coffee bar, a large tenant lounge, conference center, fitness center, outdoor patio and shuttle service for occupants, a lineup of amenities aimed squarely at today’s amenity-focused office users.

Market backdrop

JLL’s Q4 2025 Dallas Office Market Dynamics report says the market closed out 2025 with positive momentum that carried into early 2026, helped by larger users gravitating toward higher-quality, amenity-heavy space. The research points to a smaller construction pipeline and renewed absorption for top-tier product, creating demand tailwinds for well-positioned towers along major corridors such as the Dallas North Tollway. For owners trying to speed up leasing velocity, bringing in a national brokerage with a strong local bench is positioned as a way to ramp up outreach to growing tenants.

Owners and strategy

Estein USA lists Pinnacle Tower among its U.S. holdings and describes itself as a long-running investor that has raised and deployed billions in equity across office and other property types, according to the firm’s website. Vanderbilt Office Properties, the operating affiliate of Vanderbilt Partners, has a track record of partnering on office acquisitions and overseeing leasing and operations for portfolio assets, based on prior press announcements. Together, the partners appear to be leaning on JLL to sharpen the building’s positioning and market it to tenants consolidating into higher-quality locations along the Tollway.

What’s next

Terms of the sale were not disclosed in public reporting, according to ConnectCRE. With JLL now in the driver’s seat on leasing, the firm’s Dallas team is expected to kick off active marketing and outreach to prospective tenants across the Lower Tollway submarket in the coming weeks.

Dallas-Real Estate & Development