Stream Realty Partners to lease and manage the property on behalf of TriGate Capital
DALLAS/FORT WORTH (July 7, 2020) – Stream Realty Partners (Stream), a full-service national real estate investment, development, and services company, has been selected by TriGate Capital, a Dallas-based real estate investment management firm, for management and leasing of Comerica Bank Tower in downtown Dallas.
Located at 1717 Main Street in Dallas, Texas, Comerica Bank Tower has long served as one of the most defining pieces of the Downtown Dallas Skyline. The 60-story, 1.5 million square-foot building, is home to major tenants such as Comerica Bank, K&L Gates, Marsh USA, and Fish & Richardson. With over 450,000 square feet of office space available for lease, the building presents future tenants with Class A amenities, a flourishing location and the opportunity to join the likes of some of the most notable companies in the country.
“Comerica Bank Tower functions as a true landmark of downtown Dallas,” said Paul Sharp, senior vice president of TriGate Capital. “The asset offers a tremendous value opportunity that is appealing for potential tenants navigating today’s office environment. The TriGate team is confident that the building’s high-caliber tenants coupled with Stream’s leasing and management expertise will prove to be successful as we launch Comerica Bank Tower into its next phase.”
Comerica Bank Tower has undergone many improvements since 2014, including recently finished lobby renovations with upgraded entrances, seating and coffee bar coming in fall 2020. In addition, tenants have access to premium on-site amenities including white tablecloth dining, a delicatessen, tenant conference center, executive lounge with wine lockers, patio bar for social hour, sundry shop, shoe repair and access to the pedestrian network system. The building is within walking distance to some of the most prominent restaurants and retailers in the city, in addition to the entire Central Business District, Arts District, and Uptown submarket. Its central location allows for easy access to major thoroughfares including the Dallas North Tollway, US-75, I-35, and I-30, and is just a short drive from both DFW Airport and Love Field.
“Stream is excited about the opportunity to represent TriGate on such an iconic asset in Downtown Dallas,” said Rhett Miller, vice president of Stream’s Dallas office. “The submarket has shown a dramatic increase in leasing demand as of late and we are confident Comerica Bank Tower provides a perfect solution for tenants desiring to be in a Class A building in an amenity-rich location. We look forward to building on our success in downtown Dallas with the successful lease-up of Comerica Bank Tower.”