10/20/2026 | Press release | Distributed by Public on 10/20/2026 16:12
• JLL Capital Markets arranged $13.1 million in acquisition financing for Allen Corporate Center, a four-building office campus in Allen, Texas
• A correspondent life insurance company provided the five-year, unstructured, fixed-rate, non-recourse loan for Perceptive Real Estate Equities
• The 82,834-square-foot campus is 97.5% leased to a diversified roster of professional services, healthcare, financial services and government-related tenants
DALLAS, Oct. 20, 2026 - JLL Capital Markets announced today that it has arranged $13.1 million in acquisition financing for Allen Corporate Center, a 97.5% leased, 82,834-square-foot multi-tenant office campus located in Allen, Texas.
JLL worked exclusively on behalf of the borrower, Perceptive Real Estate Equities, Inc. to secure the five-year, unstructured, fixed-rate, non-recourse loan through a correspondent life insurance company.
Completed between 2005 and 2017, Allen Corporate Center comprises four single-story buildings ranging from approximately 18,000 to 23,000 square feet. The buildings feature private entrances for each tenant, ample parking, efficient suite layouts with personal lobbies, conference rooms, break areas, private restrooms and modern building systems, including updated HVAC and electrical infrastructure capable of supporting users with various requirements. The property is 97.5% leased to a diversified tenant roster, including Unify Financial Credit Union, CEC Corporation, Harris Local Government Solutions, Preferred Dermatology Partners and Texas Senior Care.
Allen Corporate Center is located on 8.8 acres at 740-800 N. Watters Road within the Allen/McKinney office submarket, one of North Dallas' most consistent, high-performing office markets. The property provides excellent connectivity via direct access to U.S. Highway 75 and the Sam Rayburn Tollway, linking tenants to major employment, residential, and retail centers throughout the Dallas metroplex, including Watters Creek Village, The Shops at Allen, Watters Creek at Montgomery Farm and The Village at Allen. Additionally, the project is located less than one mile from Texas Health Presbyterian Hospital Allen, which serves as a significant demand driver for medical-affiliated companies.
JLL's Capital Markets Debt Advisory team representing the borrower was led by Managing Director Todd Sugimoto, Directors Chad Morgan and Luke Rogers, Associate Jalynn Borders and Analyst Jenny Barger.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.
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JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.
Perceptive Real Estate Equities, Inc. is a privately held commercial real estate investment and development company focused on value-add opportunities across the United States. The firm acquires, repositions, and develops office, R&D, life science, and technology properties, combining institutional discipline with hands-on operating expertise to create lasting workplace environments. Perceptive Real Estate Equities, Inc. is headquarters in Dallas, Texas. For more information, visit www.perceptivereq.com.