The visionary Pegasus Park project has been recognized as the “Deal of the Year” at D CEO magazine’s 2021 Commercial Real Estate Awards.
The award ceremony honors the region’s top projects, transactions, dealmakers and industry executives driving activity in the previous year. The finalists and winners of the awards in all categories are determined by the editors of D CEO. The D CEO 2021 Commercial Real Estate Awards ceremony was held at Gilley’s in Dallas, Texas on April 28, 2021.
D CEO bestowed the award citing the significance of the Pegasus Park project as being more than a real estate deal but an “economic engine” that is bringing highly desirable science, technology, engineering and mathematics (STEM) jobs to Dallas and West Dallas, a community for nonprofits to collaborate for the greater good, and a hub for corporate enterprises.
Pegasus Park is developed by J. Small Investments in partnership with Lyda Hill Philanthropies. The campus consists of more than 750,000 square feet across multiple buildings, including an 18-story office tower. Originally constructed for Zale Corporation in 1970, the development was bought by the former Mobil Oil Corporation in 1981. After being near vacant for more than a decade, J. Small Investments purchased the campus in 2015 from ExxonMobil Oil Corporation.
“Pegasus Park has been a remarkable project for our team, and we are honored that it is receiving this distinguished recognition from D CEO,” said Justin Small, Founder and CEO of J. Small Investments.
The repurposed development is a 23-acre, mixed-use office campus and will feature four components - a biotech “plus” hub, a social impact hub, commercial tenants and entertainment/dining venues - with state-of-the-art facilities and amenities. Pegasus Park is strategically located between the Dallas Design District and the Southwestern Medical District offering a central location for networking and will facilitate the convergence of entrepreneurs, industry leaders, social impact companies, nonprofit groups and academics.
For more details or for leasing information, visit www.pegasuspark.com or contact J. Small Investments at 214.351.6300.