DALLAS— Wisconsin-based Great Lakes Educational Loan Services, Inc. will be opening its first Texas location in Plano, a suburb of Dallas. Jones Lang LaSalle (JLL) completed the 26,487-square-foot office lease at 6500 International Parkway in Plano.
According to Marc Storch, Chief Borrower Services Office with Great Lakes, the company selected the area for expansion because of ideal employment demographics, quality office space, accessibility, and climate.
Great Lakes will hire up to 140 customer service representatives and support personnel to staff the Plano location.
“This lease provides Great Lakes with space at a premier location in the Metroplex and will provide its leadership team the convenience to effectively manage the expansion into the Texas markets from a recruiting perspective,” said Torrey Littlejohn Vice President with JLL.
6500 International Parkway is located in International Business Park is on the north side of George Bush Turnpike and adjacent to the Dallas North Tollway. The 117,194-square-foot property was renovated in 2010.
Great Lakes is a guarantor and servicer of student loan, in partnership with the U.S. Department of Education and private lenders. Great Lakes services $175 billion in student loans for 10.3 million borrower accounts and holds guarantees on approximately $36 billion in FFELP loans.
JLL Executive Vice President John Lorence and Vice Presidents Littlejohn and Ryan Matthews represented the tenant. Principal Trevor Franke and Vice President Aarica Mims with Peloton represented the landlord, Billingsley Company.
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