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50 Shades of Clean

July 24, 2012

THE DEAL SHEET; 50 SHADES OF CLEAN

 

Turtle Creek's 129k SF Oak Lawn Plaza will no longer have fifty shades of grey on its windows as a facade cleaning should be done any day now. It's the first big scrub for the granite-and-glass mid-rise since its completion in 1983.

 

Gaedeke Group is spending  about $250k for upgrades. Other  major enhancements at the Class-A 2501 Oak Lawn Ave include the staining of  concrete and granite walkways, installing an electronic tenants' directory, renovating common areas of the second  floor and re-landscaping the property with indigenous Texas plants (another example of kids moving back into their original home?). The work will wrap up by Q3.  Last year, Gaedeke invested $1M into renovations at Regency Plaza.