IRVING, TX—According to Cushman & Wakefield research, Las Colinas led the Dallas-Fort Worth market in office leasing activity during the third quarter of 2017, with 505,905 square feet in new deals and renewals—topping Legacy/Frisco and Uptown. Year to date, Las Colinas has recorded 1.6 million square feet in leasing activity.
This is an indication of the positive response to the new Music Factory and Water Street developments, both of which are within walking distance of Mandalay Towers. In DFW's latest corporate headquarters relocation win, Chicago-based GridLiance has leased the top floor of Mandalay Tower 3.
The 16,200-square-foot lease comes just as Parmenter completes its multi-million-dollar renovation of the three-building 800,000-square-foot Mandalay Towers campus. An energy portfolio company of Blackstone Group, GridLiance will occupy the 16,200-square-foot top floor of Mandalay Tower 3 at 225 E. John Carpenter Fwy.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
