Stream Realty Partners (Stream), a national real estate services, development, and investment company, is pleased to announce that Vantage Bank Texas has signed a 15,000- square-foot lease at Triune Centre, a six-floor, 30,000-square-foot Class-A office development in Fort Worth.
Triune Centre, located at 3400 West Freeway, is the first office development of its kind in the United States to feature a fully automated valet parking tower system. Cornerstone Projects Group, a development, architecture and construction company, and Trident Structures, a total-solutions engineering, procurement and construction company, are partners in the office development. 50 percent pre-leased, construction will begin second quarter 2021 and the building is set to deliver in summer 2022.
Triune Centre has 5,000-square-foot floor plates and provides tenants the ability to lease a full floor with design flexibility to include collaborative workspaces and interior offices. All floors will feature expansive glass windows to provide natural light and spectacular views of Fort Worth. In addition, the tower-type, palleted vehicle handling system is a fully automated mechanical parking tower system, replacing a traditional parking field. Valet-style parking service allows the convenience of curb-side delivery of an individual’s vehicle, ordered directly from their desk via the property’s proprietary app.
Vantage Bank President and CEO, Jeff Sinnott, said, “We are looking forward to calling the Triune Centre home for our team in Fort Worth. Vantage Bank is focused on raising the bar to help our clients achieve financial victories—and we love that this building is raising the bar for office developments.”
Although Fort Worth has seen a slowdown in office development since 2018, trends have indicated that is beginning to change. There are currently four office projects totaling over 365,500 square feet under construction in the metroplex west of DFW Airport, including Crescent’s new 160,000-square-foot development that was announced in the beginning of March.
Donohue, Seth Koschak, Managing Director and Partner, Chris Doggett, Executive Vice President, and Vic Meyer, Associate, with Stream represented the landlord, and Theron Bryant with Transwestern represented Vantage Bank Texas in the transaction.