TCC and MetLife Sign New Office Tenant at Park District

1/8/18

Trammell Crow Company (TCC) and joint venture partner MetLife announce that Winston & Strawn LLP has signed a long-term lease for approximately 56,000 square feet at Park District, a 916,000-square-foot mixed-use project that sits at the doorstep of the City’s Klyde Warren Park. Winston will occupy floors eight and nine of the office building in Q2 of 2018.

PwC Tower at Park District is a 20-story office tower comprised of approximately 500,000 square feet of Class A office space and 7,000 square feet of ground floor retail. The tower is served by four levels of below grade parking. It will feature an executive lounge, first-class fitness facility, collaborative workspaces, onsite restaurants, outdoor amenity spaces, on-site banking and valet. In addition to the office tower, Park District includes a 34-story, 228-unit luxury residential tower with 13,000 square feet of retail space built by TCC’s residential subsidiary High Street Residential. The two towers will be connected via a plaza designed by the Office of James Burnett, the landscape architecture firm that designed Klyde Warren Park.

“As we near completion of Park District, we are honored that Winston & Strawn selected Park District as the location for its Dallas office. Park District will offer Winston and all other tenants the most prestigious home in North Texas, and the highest quality amenities in the market, all at the doorstep of Klyde Warren Park,” said Scott Krikorian, senior managing director with Trammell Crow Company’s Dallas/Fort Worth Business Unit. “We are confident that Park District is the perfect location for the Winston’s growing Dallas presence.”

“We are excited about Park District’s role in the evolution of Uptown, the prominent live/work/play Dallas neighborhood,” said Kurt Day, managing director and regional head of real estate in MetLife’s Dallas office. “We look forward to welcoming Winston & Strawn to Park District next year, and feel confident it will be the right long-term home for their growing Dallas operation.”

The project sits on the three-acre parcel between Pearl Street, Olive Street and Klyde Warren Park with direct access to I-35, I-45, US-75, Dallas North Tollway and I-30.

HKS is the project architect and the development team is seeking LEED® Gold certification for the office tower. Dennis Barnes, Clay Gilbert and Shannon Brown with CBRE Dallas represented Trammell Crow Company and MetLife in the transaction. Phil Puckett, Harlan Davis and Neal Puckett with CBRE Dallas, and Nancy Pacher, of CBRE Chicago, represented Winston in the transaction.

Winston will be joining anchor tenant PwC, which is occupying floors 14 through 20 at PwC Tower at Park District.

About Winston & Strawn

Winston & Strawn LLP is an international law firm with 16 offices located throughout North America, Asia, and Europe. More information about the firm is available at www.winston.com.

About Trammell Crow CompanyTrammell Crow Company (TCC), founded in 1948, is one of the nation’s leading developers and investors in commercial real estate. The Company has developed or acquired more than 2,600 buildings valued at more than $60 billion and over 565 million square feet. As of June 30, 2017, TCC had $5.9 billion of projects in process and $5.9 billion in its pipeline.

Trammell Crow Company’s teams are dedicated to building value for its clients with professionals in 16 major cities throughout the United States. The company serves users of and investors in office, industrial, retail, healthcare, multi-family residential, through its operating subsidiary High Street Residential and mixed-use projects. For those who occupy real estate, TCC can execute the development or acquisition of facilities tailored to meet its clients’ needs. For investor clients, the company specializes in joint venture speculative development, acquisition/re-development ventures, build-to-suit development or providing incentive-based fee development services.

TCC is an independently operated subsidiary of CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, and the world’s largest commercial real estate services and investment firm (in terms of 2016 revenue). For more information visit www.TrammellCrow.com.

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