By Liviu Oltean, Associate Editor
After executing a 10-year lease at their current headquarters at One Addison Circle, Behringer renewed its commitment to the city by announcing plans to relocate to Tollway Center, a 200,000-square-foot office building in Addison. The multi-strategy investment firm was assisted in its search by JLL and expects to make the relocation by the third quarter of 2016.
According to the firm’s official press statement, Tollway Center is a six-story office building that will be developed by Cawley Partners on six acres of land between Belt Line and Spring Valley Road. Upon completion, the office building will feature an open-air rooftop terrace, a fitness center and an indoor café.
“Tollway Center will offer our team a state-of-the-art, amenity-rich, open-office environment that fosters open communication and reflects our company’s innovative and entrepreneurial identity, today and into the future,” said Jason Mattox, Behringer’s COO. “Addison was the right home for Behringer in 2004 and continues to be vital to our success due to the city’s business-friendly atmosphere, its growing residential base—which has allowed many of our employees to enjoy a fantastic work-life balance—and our existing fluency with the city.”