Transwestern Real Estate Services (TRS) announces Multiview, a national B2B marketing agency, has renewed its 82,093-square-foot lease for its headquarters at 7701 Las Colinas Ridge in One Panorama Center. Transwestern’s Nathan Durham represented the building’s owner, Regent Properties, in the transaction.
“Multiview’s recommitment to One Panorama Center speaks highly of the capital investment made by Regent Properties, as well as the project’s proximity to desired retail and restaurant amenities and DFW International Airport,” said Durham.
One Panorama Center, a 208,448-square-foot, eight-story office building, offers strong highway visibility from I-635. The Class A building features a newly renovated lobby, Wi-Fi enabled outdoor lounge, new fitness center, multiple corner offices per floor and floor-to-ceiling windows.
According to Transwestern research, the Dallas-Fort Worth office market is following developments in the business cycle and has begun transitioning from the recession phase to recovery phase of the real estate cycle. The metroplex continues to lead the nation in returning to the office with 50.1% occupancy at the end of Q2, up from 39.7% at the end of Q1.
A leader in digital marketing solutions for B2B professionals, Multiview is a portfolio company of the Stagwell Group. Outside of its Las Colinas headquarters, Multiview has offices in Washington, D.C., Toronto and Utah.
“After touring several properties throughout the Las Colinas market with the JLL team, we concluded One Panorama is a world-class facility that sits 10 minutes from DFW Airport and is surrounded by several great restaurants for our 350 Irving-based employees. Multiview is excited to continue to call One Panorama Multiview’s headquarters for the foreseeable future and appreciate the guidance we received from JLL throughout this process,” said Andy Keith, CEO of Multiview.
During its 30-year history, Regent and its principals have acquired, developed, financed and managed over $4 billion in real estate transactions nationally, encompassing more than 26 million square feet of retail, commercial, residential and mixed-use projects and 13,000 acres of master-planned communities representing 31,000 lots. The firm’s investors include large institutions and high-net-worth family offices.
“We are elated Multiview selected our building for their office needs,” said Matthew Benbassat, Chief Operating Officer of Regent Properties. “Multiview has continued to be a great tenant at One Panorama Center and we are excited they will continue to be here for many years to come.”
Robert Blount and Scott Hage with JLL represented Multiview in the transaction.