Lionstone, Peloton, and PegasusAblon announce new leases in Preston Center

August 29th, 2017 by Jessica MacDonald

Dallas, TX – August 29, 2017 – Lionstone, PegasusAblon, and Peloton have completed the leases of Bank of
the Ozarks and at 8300 Douglas in Preston Center, Dallas. Bank of the Ozarks leased
33,099 SF on floors 8 and 9 and leased 12,941 SF on floor 8 in space that was
previously occupied by

“We are pleased to add two prestigious tenants to 8300 Douglas,” said Peloton partner T.D. Briggs. Briggs and
Peloton principal Sarah Hinkley represented the owner Lionstone Investments in the transaction. “Lionstone and
PegasusAblon committed to renovating the lobby and common areas of the building to help lure large tenants.
The building looks great and we are excited to announce these large transactions given Preston Center’s limited

Extensive lobby renovations were completed earlier this year. Common area renovations are currently underway
and 7th floor spec suites are being planned to accommodate small users who require immediate availability.
The 9-story Class A office building is now 84% leased and has a prime location at the entrance of Preston
Center with the best parking ratio in the submarket at 5:1000 SF. Walkable amenities include 44 food venues,
17 banking centers, and 6 fitness facilities.

“Our Real Estate Specialties Group has experienced tremendous growth, and we are excited to be significantly
expanding our office space in Preston Center to accommodate our continued growth. Preston Center has been
a great location for us to serve our many Texas clients and to recruit and retain the large number of bright and
talented team members needed to support our growth,” stated George Gleason, Chairman and Chief Executive
Officer at Bank of the Ozarks.

PegasusAblon and Lionstone Investments are the same group constructing The Terraces at Douglas Center
across the street from 8300 Douglas. This 171,583 SF building is currently accepting new leases and will
be delivered October 2017. Designed to accommodate well-established and entrepreneurial firms alike, this
new, inclusive interpetation of the modern office includes on-site amenities such as garage parking, storage,
shoeshine service, security and courtesy officers, and ATM. Floor sizes range from 11,275 SF to 24,873 SF on
12 floors.

Preston Center is Dallas/Fort Worth’s premier work destination, offering Class A office inventory and an
abundance of retail and dining options and hotels for business guests, all within the most well-established and
pedestrian friendly submarket in the city.