{"id":1004547474,"date":"2021-08-16T22:44:42","date_gmt":"2021-08-17T06:44:42","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004547474"},"modified":"2022-12-07T21:28:20","modified_gmt":"2022-12-08T05:28:20","slug":"metlife-buys-second-building-of-1-8b-dallas-project","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/metlife-buys-second-building-of-1-8b-dallas-project\/","title":{"rendered":"MetLife Buys Second Building at $1.8B Dallas Project"},"content":{"rendered":"
\"\"<\/a>

The Offices Two at Frisco Station<\/p><\/div>\n

MetLife Real Estate Investment has purchased The Offices Two at Frisco Station, a 210,424-square-foot office building in metro Dallas, CommercialEdge data shows. The seller, VanTrust Real Estate, is the developer behind the 242-acre, $1.8 billion mixed-use project named Frisco Station.<\/p>\n

Completed in early 2020 after a 2019 topping out<\/a>, the Class A building located at 6303 Cowboys Way is the second piece of the large-scale development in Frisco, Texas. In 2019, Metlife purchased the neighboring 230,000-square-foot Offices One, with the developer granting the buyer a purchase option for Office Two, according to the Dallas Business Journal.<\/em><\/p>\n

At the time of the sale, Offices Two was 95 percent occupied by mostly publicly traded companies, with a number of Fortune 1000 firms on the tenant roster. In March, financial services firm Raymond James signed a 7,000-square-foot commitment<\/a> at the site. Amenities include covered access to a structured parking, tenant lounge, fully equipped fitness center, conference center, as well as 5G infrastructure.<\/p>\n

Newmark represented the seller. The brokerage team included Vice Chairmen Gary Carr, Robert Hill, Chris Murphy and John Alvarado and Director Chase Tagen.<\/p>\n

Hot location<\/strong><\/h2>\n

Situated 25 miles north of downtown Dallas, the development is close to Dallas North and Sam Rayburn tollways, the Dallas Cowboys headquarters, while Dallas\/Fort Worth International Airport is 20 miles southwest. The Offices Two is within walking distance of five hotels and more than 30 restaurants.<\/p>\n

VanTrust wrapped up construction on Offices Three at Frisco Station back in April. The 210,000-square-foot, six-story building with similar amenities as its predecessors broke ground in January 2020 and is one of the largest office projects in the Metroplex to come online this year<\/a>.<\/p>\n

Frisco, a hub for corporate lifestyle centers, was named the fastest-growing city in the U.S., with a growth rate of 71.1 percent over the last decade, according to the U.S. Census Bureau. North Dallas is one of Texas\u2019 fastest-growing employment clusters, with submarkets in the area sporting some of the country\u2019s largest construction pipelines across asset classes.<\/p>\n","protected":false},"excerpt":{"rendered":"

The property is part of the massive Frisco Station mixed-use development.<\/p>\n","protected":false},"author":739,"featured_media":1004547481,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21808,21783,21742,21747],"tags":[37946,35530,50999,33102],"class_list":["post-1004547474","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-featured","category-investment","category-latest","category-office","tag-gary-carr","tag-metlife-real-estate","tag-newmark","tag-vantrust-real-estate"],"acf":[],"yoast_head":"\nMetLife Buys Second Building at $1.8B Dallas Project - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/metlife-buys-second-building-of-1-8b-dallas-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MetLife Buys Second Building at $1.8B Dallas Project\" \/>\n<meta property=\"og:description\" content=\"The property is part of the massive Frisco Station mixed-use development.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/metlife-buys-second-building-of-1-8b-dallas-project\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-17T06:44:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T05:28:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/08\/6303-Cowboys-Way-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Beata Lorincz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/metlife-buys-second-building-of-1-8b-dallas-project\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/metlife-buys-second-building-of-1-8b-dallas-project\/\",\"name\":\"MetLife Buys Second Building at $1.8B Dallas Project - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/metlife-buys-second-building-of-1-8b-dallas-project\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/metlife-buys-second-building-of-1-8b-dallas-project\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/08\/6303-Cowboys-Way-2.jpg\",\"datePublished\":\"2021-08-17T06:44:42+00:00\",\"dateModified\":\"2022-12-08T05:28:20+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/23f841021ddf3b38ebc56abefe1d6004\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/metlife-buys-second-building-of-1-8b-dallas-project\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/metlife-buys-second-building-of-1-8b-dallas-project\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/metlife-buys-second-building-of-1-8b-dallas-project\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/08\/6303-Cowboys-Way-2.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/08\/6303-Cowboys-Way-2.jpg\",\"width\":1000,\"height\":800,\"caption\":\"The Offices Two at Frisco Station\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/metlife-buys-second-building-of-1-8b-dallas-project\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"MetLife Buys Second Building at $1.8B Dallas Project\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/23f841021ddf3b38ebc56abefe1d6004\",\"name\":\"Beata Lorincz\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Beata-Lorincz.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Beata-Lorincz.jpg?w=96\",\"caption\":\"Beata Lorincz\"},\"description\":\"With a background in architecture, Beata Lorincz has been an associate editor with Commercial Property Executive and Multi-Housing News since 2017. Her current work centers around architecture and design, the student housing sector and data-driven updates on the office market.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/beata-lorincz\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"MetLife Buys Second Building at $1.8B Dallas Project - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/metlife-buys-second-building-of-1-8b-dallas-project\/","og_locale":"en_US","og_type":"article","og_title":"MetLife Buys Second Building at $1.8B Dallas Project","og_description":"The property is part of the massive Frisco Station mixed-use development.","og_url":"https:\/\/www.commercialsearch.com\/news\/metlife-buys-second-building-of-1-8b-dallas-project\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2021-08-17T06:44:42+00:00","article_modified_time":"2022-12-08T05:28:20+00:00","og_image":[{"width":1000,"height":800,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/08\/6303-Cowboys-Way-2.jpg","type":"image\/jpeg"}],"author":"Beata Lorincz","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/metlife-buys-second-building-of-1-8b-dallas-project\/","url":"https:\/\/www.commercialsearch.com\/news\/metlife-buys-second-building-of-1-8b-dallas-project\/","name":"MetLife Buys Second Building at $1.8B Dallas Project - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/metlife-buys-second-building-of-1-8b-dallas-project\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/metlife-buys-second-building-of-1-8b-dallas-project\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/08\/6303-Cowboys-Way-2.jpg","datePublished":"2021-08-17T06:44:42+00:00","dateModified":"2022-12-08T05:28:20+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/23f841021ddf3b38ebc56abefe1d6004"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/metlife-buys-second-building-of-1-8b-dallas-project\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/metlife-buys-second-building-of-1-8b-dallas-project\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/metlife-buys-second-building-of-1-8b-dallas-project\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/08\/6303-Cowboys-Way-2.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/08\/6303-Cowboys-Way-2.jpg","width":1000,"height":800,"caption":"The Offices Two at Frisco Station"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/metlife-buys-second-building-of-1-8b-dallas-project\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"MetLife Buys Second Building at $1.8B Dallas Project"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/23f841021ddf3b38ebc56abefe1d6004","name":"Beata Lorincz","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Beata-Lorincz.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Beata-Lorincz.jpg?w=96","caption":"Beata Lorincz"},"description":"With a background in architecture, Beata Lorincz has been an associate editor with Commercial Property Executive and Multi-Housing News since 2017. Her current work centers around architecture and design, the student housing sector and data-driven updates on the office market.","url":"https:\/\/www.commercialsearch.com\/news\/author\/beata-lorincz\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/08\/6303-Cowboys-Way-2.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004547474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/739"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004547474"}],"version-history":[{"count":10,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004547474\/revisions"}],"predecessor-version":[{"id":1004547697,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004547474\/revisions\/1004547697"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004547481"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004547474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004547474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004547474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}