Syndicated Equities Invests Alongside 3L Real Estate in Fort Worth Adaptive Reuse Project

Syndicated Equities is pleased to announce an investment in the Oncor, an office building that will be converted to multifamily located in downtown Fort Worth, Texas.

The property will be redeveloped by 3L Real Estate, a Chicago and Dallas-based developer that specializes in the adaptive reuse of converting urban office buildings to residences. The property consists of a 314,514 square foot, 16-story office building and a 4-story addition. Once complete, it will feature 330 units with Class A amenities including a gym, pool, rooftop deck, and business center.

Syndicated acquired the property alongside 3L Real Estate. Matt McCulloch, Managing Partner with Syndicated, noted “We are pleased to join 3L in another office to multifamily conversion, where they have proven to be creative and successful in their approach. Fort Worth is a growing and dynamic market that should have strong demand for this product.”

Syndicated Equities provides accredited investors and family offices with institutional quality commercial real estate investments. Since 1986, the firm has developed an expertise in co-investment ownership, net lease brokerage services, global real estate opportunity funds, and more recently, qualified opportunity zones. To date, Syndicated Equities has made over 100 investments representing over $500 million of equity and $2 billion of total asset value.

For more information please visit www.syneq.com or call (312) 640-9020