DALLAS – August 20, 2024 – Stream Realty Partners, a national commercial real estate firm offering an integrated platform of services, announces the 10-year lease renewal of Bank of America at Hallmark Center I. The lease includes the entire 553,799-square-foot office building located at 16001 N. Dallas Parkway in Addison, Texas.
The RMR Group, the landlord, acquired Hallmark Center I in 2013, the same year Bank of America signed the original lease to become the building’s sole occupant. The company’s decision to maintain its existing square footage at this location highlights the enduring appeal of the Lower Tollway submarket and underscores the value that leading businesses place on its central location within the Dallas-Fort Worth metroplex.
Stream Managing Directors Rhett Miller and Matt Wieser represented The RMR Group in this transaction. Andy Leatherman and Bret Hefton with JLL in Dallas represented the tenant.
“We are thrilled to have successfully negotiated this important lease renewal with Bank of America,” said Wieser. “Their decision to extend their lease and remain in Hallmark Center I speaks volumes about the value of the property and the strength of the DFW market. This renewal is a positive indicator for the local economy and underscores the confidence major companies have in this dynamic submarket.”
Hallmark Center I offers a strategic location that supports Bank of America’s continued growth and operational needs. This commitment highlights the building’s exceptional attributes and its ability to meet the evolving demands of a large corporate tenant.
For more information, contact Stream Dallas at 214.267.0400.
About Stream Realty Partners
Stream Realty Partners is a national commercial real estate firm offering an integrated platform of leasing, investment and development services. This includes tenant and landlord representation, Legendary CX property management, capital markets, investment management and sales, construction, construction management, national program management, workplace strategies, strategic marketing, and dedicated research. The company is headquartered in Dallas with operations in core markets coast to coast. Since 1996, Stream has grown to more than 1,400 professionals and now completes annual transactions valued at more than $8.8 billion in office, industrial, retail, healthcare, land, and data center properties. For information, visit www.streamrealty.com and follow Stream on LinkedIn, Instagram, X and Facebook.
