UNPARALLELED TENANT EXPERIENCE AND IDEAL LOCATION BRINGS TWO NEW LEASES TO 717 HARWOOD
Unparalleled Tenant Experience and Ideal Location Brings Two New Leases to 717 Harwood
| February 14, 2019
DALLAS – February 14, 2019 – CBRE announces two new leases at 717 Harwood, a 34-story Class A office tower adjacent to the Dallas Arts District. Roofstock, Inc., a financial technology company, leased 10,038 square feet and American College of Education, Inc. (ACE) took 6,011 square feet.
Thom Ridnour and Fletcher Cordell, both Senior Vice Presidents with CBRE in Dallas, represented owner World Class Property Company. Frank McCafferty with Savills Studley represented Roofstock and Brooke Armstrong and Scott Hage with JLL represented ACE.
“717 Harwood offers an ideal location within steps of the Arts District, Klyde Warren Park and numerous restaurants and cultural attractions,” said Mr. Ridnour. “The artfully executed, inviting space cultivates creativity, engagement and collaboration that has been a big hit with both traditional and creative, millennial-focused companies.”
Based in Oakland, California, Roofstock is the leading marketplace for investing in leased single-family rental homes, with listings in 13 states across the U.S. Roofstock and their fully-owned subsidiary, Streetlane, will consolidate their Dallas employees into this new space in April 2019.
“The appeal of 717 Harwood to Roofstock was its inviting atmosphere for tech-oriented companies and similar creative office users,” said Mr. McCafferty. “The forward-thinking renovations and new amenities – such as the Dot Commons workspace/lounge – distinguish it from other downtown skyscrapers, many of which remain oriented towards more traditional financial and professional services firms. As a FinTech company, Roofstock needed space that encourages inspiration, collaboration, and creativity. They found it at 717 Harwood.”
Headquartered in Indianapolis, ACE is a regionally accredited, completely online college specializing in affordable programs in education, leadership, healthcare and nursing. ACE will utilize the space at 717 Harwood as an Academic Center of Innovation and office space. ACE is scheduled to open at the new location in March 2019.
“717 Harwood offers prospective tenants a favorable location adjacent to the Arts District, with a strong walkability factor, particularly with the new restaurants coming on board across the street at 2000 Ross,” said Ms. Armstrong, Senior Vice President, JLL. “My clients and other prospects have also responded favorably to the expansive workspace lounge building amenity – it’s modern and functional, and the forward-thinking design is in line with what office workers are seeking today: an inviting and comfortable area to collaborate, focus, or just ‘recharge’. The owner is also easy to work with to get a deal done.”
“We’re excited to welcome two high growth companies like Roofstock and ACE to 717 Harwood,” said Sheena Paul, Chief Operating Officer of World Class Property Company. “Though it looks like a traditional Class A high-rise on the exterior, the amenities and modern space we offer really appeal to tech companies and others that are looking for innovative space and a tenant-focused experience.”
With an emphasis on creating a workspace that fosters creativity and wellness, 717 Harwood features on-site dining, a 24/7 Fitness Center and the Dot Commons, a vibrant second floor lounge with 12,000 square feet of collaborative space featuring curated artwork, touchdown areas with contemporary furniture, meeting rooms and Wi-Fi access.
About CBRE Group, Inc. CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.