BDP Holdings, a New Jersey-based real estate investment company, has acquired Sabre Headquarters building, the Class A global headquarters facility of the Sabre Corporation. The 265,942-square-foot, five-story facility is 100% leased to Sabre through 2032. The sale was brokered by JLL Capital Markets.
“The Sabre Headquarters acquisition is very exciting,” said Dennis Lim, principal, BDP Holdings. “The building is 100% leased to the Sabre Corp., a historic industry leader, whose revenue only continues to grow substantially. Additionally, the Dallas/Fort Worth area, with its leading pro-business environment, continues to thrive as the country’s fastest growing metro. We are very happy to have reached an agreement that benefitted all involved.”
Located at 3150 Sabre Dr. in Southlake, Texas and less than 10 minutes from the Dallas/Fort Worth International Airport, the Sabre Headquarters building totals approximately 265,942 square feet across 12.6 acres of land. The institutional-quality property includes five floors of office space and structured/surface parking with 1,119 spaces. Built in 2001 and fully renovated in 2021, the LEED-certified building features a full-service cafeteria, outdoor courtyard and a fitness center with locker rooms and showers.
Founded in 1960, the Sabre Corp. is a leading software and technology company that powers the global travel industry as the world’s largest provider of airline and hotel technology. Today, Sabre employs 9,000 people globally, and its technology platform manages more than $260 billion of annual global travel spend. The property is Sabre’s global headquarters and the company has invested heavily into the property, spending more than $9 million over the last five years.
This is BDP Holdings’ first investment in the Dallas/Fort Worth Metropolitan Area. BDP’s leadership has invested more than $6.5 billion in value-driven real estate across the U.S.
