High-tech firm Atos SE has rented more than half of the Connection Park I building in Irving. (Stream Realty)
A big office lease in Irving will fill a big chunk of one new building, and a second will prompt construction of another project.
International firm Atos SE has rented more than 100,000 square feet for a new North Texas office in Stream Realty Partners Connection Park building near Interstate 635.
The business technologies firm signed a long-term lease for three floors in the 141,000-square-foot office building, which just opened its doors.
The Connection Park building near Freeport Parkway and Interstate 635 is just north of Dallas/Fort Worth International Airport.
The building is a joint project by Stream Realty, Chief Partners and Alex Brown Realty.
“This will be a new office in this area for Atos,” said Stream Realty regional managing partner Chris Jackson. “They already have some people working in the area from home and are adding more.”
With Atos taking more than half of the Connection Park I building, Stream Realty is breaking ground on a second, 141,000-square-foot office project next door.
First American Title Insurance Co. has rented 76,742 square feet of space on two floors of the new building, which will be ready next summer.
First American Title is relocating from the Solana business park in Westlake.
Jackson said Stream is talking to other businesses about leasing the remaining space in both Connection Park buildings.
“Activity continues to be really strong,” he said. “We give tours each week, and several proposals we are working on.”
Stream Realty’s Ramsey March, Tim Terrell, Chase Lopez and Jackson negotiated the new Irving offices leases for Atos with Mike Wyatt, Rick Hughes and Wills Bauer of Cushman & Wakefield. And the First American lease was brokered with Matt Heidelbaugh, John Gallivan and Nick Jacobs of Cushman & Wakefield.
“We set out to create a product that’s differentiated from a typical value-office experience, and tenants are responding,” said Stream Realty managing director March.
Powers Brown Architecture designed both office buildings. and the general contractor is EMJ Construction. American Bank of Texas provided construction funding.
By: Steve Brown
SOURCE: Dallas Morning News – Biz Beat Blog