{"id":1004661443,"date":"2023-05-09T05:20:43","date_gmt":"2023-05-09T13:20:43","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004661443"},"modified":"2023-05-09T05:20:45","modified_gmt":"2023-05-09T13:20:45","slug":"taconic-secures-tenant-at-dallas-office-building","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/taconic-secures-tenant-at-dallas-office-building\/","title":{"rendered":"Taconic Secures Tenant at Dallas Office Building"},"content":{"rendered":"
\"International<\/a>

International Plaza 2. Image courtesy of Cushman & Wakefield<\/em><\/p><\/div>\n

Taconic Capital Advisors<\/strong> has inked a 30,650-square-foot lease with accounting and advisory firm Forv\/s <\/strong>at International Plaza 2, a 388,432-square-foot Class A property in Dallas. The full-floor commitment brought\u00a0the recently upgraded building’s occupancy to 93 percent.<\/p>\n

Cushman & Wakefield<\/strong>\u2019s Vice Chairman Matt Schendle, Director Chris Taylor and Senior Associate Carrie Halbrooks worked on behalf of the landlord, while CBRE<\/strong>‘s Executive Vice President Clay Vaughn and Senior Vice President Jihane Boury negotiated on behalf of the tenant.<\/p>\n

Taconic acquired the asset in 2018 from Two Trees in a portfolio transaction that also included International Plaza 1, CommercialEdge data shows. The property’s roster includes Trinity Industries, IMA Financial Group and Crown Collection Veils & Tiaras.<\/p>\n

Built in 2000, the 15-story building is located at 14221 Dallas N. Tollway and includes four passenger elevators, 27,066-square-foot floor plates and a multi-level covered parking with 1624 spots, according to the same data provider. Situated within the Platinum Corridor submarket of Dallas on a nearly 7-acre lot, the property is close to multiple bus stations and to Interstate 635, being 12 miles from downtown Dallas, 16 miles from Dallas-Fort Worth International Airport and within 36 miles of Fort Worth, Texas.<\/p>\n

Flight-to-quality trend drives leasing activity<\/h2>\n

The flight-to-quality trend in Dallas is ongoing, with more companies relocating in high-profile locations with good amenity packages, in an effort to increase employee engagement, noted CBRE\u2019s Vaughn, in prepared statements.<\/p>\n

Recent upgrades at International Plaza 2 include a new common-area lobby, a fitness center, a conference room, a game room and The Lakehouse, a 1,200-square-foot space featuring a coffee shop with outdoor and indoor seating. Following the repositioning, CIM Group provided $190 million in refinancing<\/a> for the pair of office buildings in September 2020.<\/p>\n

In March 2022, Taconic, together with Champion Partners, secured a $73 million loan for the refinancing of Legacy Commons, a 287,000-square-foot office campus<\/a> in Plano, Texas. The property includes an undeveloped site of 5.3-acres.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Class A property is now 93 percent leased.<\/p>\n","protected":false},"author":2991,"featured_media":1004661448,"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":[32789,32799,37854],"class_list":["post-1004661443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-dallas","category-latest","category-office","tag-cbre","tag-cushman-wakefield","tag-taconic-capital-advisors"],"acf":[],"yoast_head":"\nTaconic Secures Tenant at Dallas Office Building - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Taconic Capital Advisors inked a 30,650-square-foot lease at International Plaza 2, a 388,432-square-foot Class A office property in Dallas.\" \/>\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\/taconic-secures-tenant-at-dallas-office-building\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Taconic Secures Tenant at Dallas Office Building\" \/>\n<meta property=\"og:description\" content=\"Taconic Capital Advisors inked a 30,650-square-foot lease at International Plaza 2, a 388,432-square-foot Class A office property in Dallas.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/taconic-secures-tenant-at-dallas-office-building\/\" \/>\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=\"2023-05-09T13:20:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-09T13:20:45+00:00\" \/>\n<meta name=\"author\" content=\"Simona Tudose\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/05\/International-Plaza-2-e1683542872638.jpg\" \/>\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\/taconic-secures-tenant-at-dallas-office-building\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/taconic-secures-tenant-at-dallas-office-building\/\",\"name\":\"Taconic Secures Tenant at Dallas Office Building - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/taconic-secures-tenant-at-dallas-office-building\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/taconic-secures-tenant-at-dallas-office-building\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/05\/International-Plaza-2-e1683542872638.jpg\",\"datePublished\":\"2023-05-09T13:20:43+00:00\",\"dateModified\":\"2023-05-09T13:20:45+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/4659e2337f06b61cefc6b0b897d183a4\"},\"description\":\"Taconic Capital Advisors inked a 30,650-square-foot lease at International Plaza 2, a 388,432-square-foot Class A office property in Dallas.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/taconic-secures-tenant-at-dallas-office-building\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/taconic-secures-tenant-at-dallas-office-building\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/taconic-secures-tenant-at-dallas-office-building\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/05\/International-Plaza-2-e1683542872638.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/05\/International-Plaza-2-e1683542872638.jpg\",\"width\":2670,\"height\":2002,\"caption\":\"International Plaza 2. 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