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AZ REIT Chooses Harwood for HQ Relocation

DALLAS—Spirit Realty Capital is moving its Scottsdale, AZ-based headquarters to the district of Harwood in a 30,620-square-foot lease at 2727 N. Harwood.

By Lisa Brown | lisabrown | | Updated on March 15, 2016
Harwood With a Walk Score of 92, Harwood offers a wealth of cultural attractions.
DALLAS— Spirit Realty Capital is moving its Scottsdale, AZ-based headquarters to the district of Harwood in a 30,620-square-foot lease at 2727 N. Harwood. Spirit is a net-lease REIT that invests in and manages a portfolio primarily of single-tenant real estate assets throughout the United States. “We are excited to establish our new corporate headquarters in Dallas, which we expect to serve as a strong platform for our future growth,” says Thomas H. Nolan Jr., chairman and chief executive officer of Spirit Realty Capital. “As a major metropolitan city with an extensive travel infrastructure and a well-established real estate community, Dallas offers an attractive location to effectively and efficiently operate our business while providing a best-in-class working environment for our employees.” Jihane A. Boury , vice president and director of leasing for developer Harwood International , negotiated the lease with Peery Wood, Chris Sido and Brad Anderson of CBRE . Boury tells GlobeSt.com: “We are thrilled when a corporation out of state selects one of our seven office buildings to relocate their home in Harwood.” With a Walk Score of 92, Harwood offers a wealth of cultural attractions–all within 18 city blocks. Tenants will be in walking distance to the Katy Trail, American Airlines Center, The Ann and Gabriel Barbier-Mueller Museum: The Samurai Collection, The Ritz-Carlton Hotel, Saint Ann Restaurant and Bar, Happiest Hour, Mercat Bistro, Magnolias Café, Marie Gabrielle Restaurant and Gardens, The Grove at Harwood , and the Dallas Arts District . “Many companies are seeking a centralized location in the US to house their headquarters,” said Boury. “We welcome Spirit Realty Capital in the district of Harwood and look forward to seeing them grow in their new location. Now that we are over 95% leased in Harwood, we are focused on 2850 and new build to suit opportunities throughout the district.”

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