Bradford Commercial Real Estate Services has secured an early renewal and lease extension with the largest tenant in Highland Park West, a boutique office gem situated in one of Dallas’ most prestigious enclaves.
Public accounting firm Carter & Co. has renewed one year early and pushed its stay long-term at 4300 MacArthur Dr. In turn, the landlord has agreed to fund improvements to the tenant’s 7,205-sf headquarters office.
“Carter & Co. wanted to reconfigure its space, which opened the door to negotiations,” says Jared Laake, first vice president of Dallas-based Bradford. He andRichmond Collinsworth, senior vice president and managing partner, lease the office project for the local landlord, 4300 MacArthur Partners LP.
The 51,847-sf Highland Park West, which is 96% occupied, has the distinction of being one of the few boutique office buildings within a one-mile radius of multimillion-dollar residences for some of Dallas’ wealthiest residents, including corporate decision-makers and celebrities. Also, the class A location has practically direct access to north- and southbound lanes of the Dallas North Tollway.
“The landlord recently completed updating the common areas, which have dramatically maintained the desirability of the project for tenants, all high-end businesses,” Collinsworth stresses.
Carter & Co. is marking its fourth year in Highland Park West. Bill Zei of McLeod-Zei Inc. represented the 39-year-old accounting firm, which offers a full scope of services for high-net worth individuals, family offices, corporate executives and owners of closely held businesses.
NORTH TEXAS LEASES
Powerweld Inc. has renewed 12,375 sf of industrial space in GSW Industrial Center I, 602 Avenue K, Grand Prairie. Chris Kennedy, broker associate of Bradford Commercial Real Estate Services, and Joe Santaularia, senior vice president and managing partner, represented the tenant. Luke Davis of Stream Realty Partners represented the landlord, G&I IX Ave K Greenview LLC.
Cytracom LLC has renewed 8,292 sf of office space in Allen Place I, 450 Century Parkway, Allen. Jared Laake, first vice president of Bradford Commercial Real Estate Services, and Richmond Collinsworth, senior vice president and managing partner, represented the landlord, CP 450 Global Investors LLC. Kent Smith of NAI Robert Lynn represented the tenant.
Carter & Co. has renewed early and extended the term of a 7,205-sf office lease in Highland Park West, 4300 MacArthur Ave., Dallas, from 4300 MacArthur Partners LP. Richmond Collinsworth, senior vice president and managing partner of Bradford Commercial Real Estate Services, and Jared Laake, first vice president, represented the landlord. Bill Zei of McLeod-Zei Inc. represented the tenant.
ETTL Engineers & Consultants Inc. has leased 5,000 sf of industrial flex space at 3107 Avenue E, Arlington, from PHP 3101 Investors LP. Jim Ferris, vice president of Bradford Commercial Real Estate Services, represented the tenant. Corby Hodgkiss of Mercer Co. represented the landlord.
Superior Installations LLC has leased 4,160 sf of industrial space in Raider Business Park, 3417-3425 Raider Dr., Hurst, from Raider EPA LLC. Jason Finch, senior vice president of Bradford Commercial Real Estate Services, and Michael W. Spain, executive vice president and managing partner, represented the landlord. Ben Schoenthal of McKissack Realty Group/Keller Williams represented the tenant.
Rezilient Healthhas leased 2,424 sf of medical office space at 7515 Greenville Ave., Dallas, from 7515 Greenville Properties Ltd. Jared Laake, first vice president of Bradford Commercial Real Estate Services, and Erik Blais, senior vice president, represented the landlord. Charlie Beck of Cushman & Wakefield US Inc. represented the tenant.
Bradford Commercial Real Estate Services/CORFAC International is a full-service real estate company based in Dallas with an annual transactions volume exceeding five million square feet. The company manages and leases more than 20 million square feet, valued at $300 million, in North Texas for its strategic partners.