October 28, 2016
Real estate and media sources said financial giant Goldman Sachs is in the final phase of lease negotiations for 150,000 square feet in Trammell Crow Center. If a deal is struck, the New York-based company would relocate its North Texas back-office operations from Irving, TX to 2201 Ross Ave., in Dallas central business district.
The financial giant was offered plenty of parking, and a triple-net lease rate of approximately $20 per square foot. Trammell Crow was able to offer a high parking ratio of six spots per 1,000 square feet because JP Morgan Chase will be developing a mixed-use project next door, that will include parking. That project is being dual-tracked with renovations to Trammell Crow Center, and will start in early 2017.
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