{"id":1004573523,"date":"2022-03-28T07:46:56","date_gmt":"2022-03-28T15:46:56","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004573523"},"modified":"2022-12-08T23:45:18","modified_gmt":"2022-12-09T07:45:18","slug":"trg-ad-agency-to-relocate-to-deep-ellum","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/trg-ad-agency-to-relocate-to-deep-ellum\/","title":{"rendered":"TRG Ad Agency to Relocate to Deep Ellum"},"content":{"rendered":"
\"Office<\/a>

The Stack at Deep Ellum. Image courtesy of Ivanho\u00e9 Cambridge<\/p><\/div>\n

A joint venture of Westdale Real Estate Investment and Management, Ivanho\u00e9 Cambridge <\/strong>and Hines<\/strong> has secured a new tenant, the locally based advertising agency, TRG, for its Class A creative office building totaling 207,299 square feet in Dallas. The long-term lease brings The Stack at Deep Ellum to 100 percent occupancy.<\/p>\n

JLL<\/strong> represented the tenant, while ALT+CO<\/strong> worked on behalf of the partnership. The tenant, formerly known as The Richards Group, will occupy a 101,808-square-foot space across multiple floors. TRG plans to finalize its headquarters relocation from 2801 NCX<\/a> in Uptown Dallas by the first quarter of 2023.<\/p>\n

The lease marks the second headquarters relocation within Dallas to The Stack at Deep Ellum. In November, Worldwide Express<\/a> inked a 10-year lease occupying a 24,480-square-foot space within the 16-story complex, relocating from One Victory Park in Dallas\u2019 Uptown Oak Lawn submarket.<\/p>\n

The tenant roster at The Stack at Deep Ellum also includes one of its owners, Hines, and a life insurance company, Bestow.<\/p>\n

An ode to Deep Ellum<\/h2>\n

The partnership broke ground<\/a> on the mixed-use property in early 2020 with the help of a $64.6 million construction loan originated by Bank OZK, according to CommercialEdge data. The 5G Studio-designed mid-rise came online in May 2021 and reflects the Deep Ellum neighborhood\u2019s status as an entertainment district through its collage-style mural by street artist Tristan Eaton as well as the display of selected local artwork throughout the building.<\/p>\n

The office complex at 2700 Commerce St. features floorplates between 26,804 and 30,038 square feet along with a 14,662-square-foot retail space on the ground floor. The Stack at Deep Ellum includes an amenity terrace on the tenth floor, tenant balconies, a fitness facility, a board room and a lounge equipped with a coffee and cocktail bar and bicycle storage.<\/p>\n

The creative office is WELL-certified and is also proposed for LEED Silver Core & Shell and Fitwell certifications.<\/p>\n

While the year\u2019s second month brought no variation to the national average office vacancy, plateauing at 15.7 percent, rates across the Dallas-Fort Worth metro continued a steady decline to 17.1 percent, according to CommercialEdge data. The decrease represents a 50-basis-point dip month-over-month and a 190-basis-point fall year-over-year.<\/p>\n","protected":false},"excerpt":{"rendered":"

The long-term lease brings the creative office building to full occupancy.<\/p>\n","protected":false},"author":1763,"featured_media":1004573527,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1586,21742,21747],"tags":[32797,33565,32796,34605],"class_list":["post-1004573523","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-dallas","category-latest","category-office","tag-hines","tag-ivanhoe-cambridge","tag-jll","tag-westdale-real-estate-investment-and-management"],"acf":[],"yoast_head":"\nTRG Ad Agency to Relocate to Deep Ellum - CPE<\/title>\n<meta name=\"description\" content=\"Westdale Real Estate Investment and Management, Ivanho\u00e9 Cambridge and Hines landed ad agency TRG as a tenant at Deep Ellum creative office.\" \/>\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\/trg-ad-agency-to-relocate-to-deep-ellum\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TRG Ad Agency to Relocate to Deep Ellum\" \/>\n<meta property=\"og:description\" content=\"Westdale Real Estate Investment and Management, Ivanho\u00e9 Cambridge and Hines landed ad agency TRG as a tenant at Deep Ellum creative office.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/trg-ad-agency-to-relocate-to-deep-ellum\/\" \/>\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=\"2022-03-28T15:46:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T07:45:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/03\/The-Stack-at-Deep-Ellum-Image-courtesy-of-Ivanhoe-Cambridge-e1648463502219.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"956\" \/>\n\t<meta property=\"og:image:height\" content=\"717\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Agota Felhazi\" \/>\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\/trg-ad-agency-to-relocate-to-deep-ellum\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/trg-ad-agency-to-relocate-to-deep-ellum\/\",\"name\":\"TRG Ad Agency to Relocate to Deep Ellum - CPE\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/trg-ad-agency-to-relocate-to-deep-ellum\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/trg-ad-agency-to-relocate-to-deep-ellum\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/03\/The-Stack-at-Deep-Ellum-Image-courtesy-of-Ivanhoe-Cambridge-e1648463502219.jpg\",\"datePublished\":\"2022-03-28T15:46:56+00:00\",\"dateModified\":\"2022-12-09T07:45:18+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/bd1ef74130b86a7c6013eaa04b08b28d\"},\"description\":\"Westdale Real Estate Investment and Management, Ivanho\u00e9 Cambridge and Hines landed ad agency TRG as a tenant at Deep Ellum creative office.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/trg-ad-agency-to-relocate-to-deep-ellum\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/trg-ad-agency-to-relocate-to-deep-ellum\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/trg-ad-agency-to-relocate-to-deep-ellum\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/03\/The-Stack-at-Deep-Ellum-Image-courtesy-of-Ivanhoe-Cambridge-e1648463502219.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/03\/The-Stack-at-Deep-Ellum-Image-courtesy-of-Ivanhoe-Cambridge-e1648463502219.jpg\",\"width\":956,\"height\":717,\"caption\":\"The Stack at Deep Ellum. 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