Transwestern Real Estate Services (TRS) and Quadrant Investment Properties (QIP) announce Dallas-based Alto, a leader in ride-hailing and private transportation, has relocated its headquarters to a new, 16,000-square-foot creative office space in QIP’s recently unveiled Manufacturing District, part of the larger Dallas Design District. Approximately 100 employees, including Alto’s executives, engineering, marketing and operations teams, will work from the new space as Alto explores growth and expansion into additional markets.
Located at 141 Manufacturing St., Alto’s headquarters is designed to be community-centric. Employees at Alto’s new headquarters will benefit from tenant amenities such as Lounge 141, a shared rooftop lounge with kitchen and balcony that includes panoramic views of downtown Dallas. Additionally, a recently constructed rail spur walking trail connects the entire project together for employees to enjoy behind the site. State Street Coffee will open Triumphs coffee shop in July with mixologists that will also feature small bites and plates. The Grove, an outdoor community lounge with picnic tables, greenspace, and 6G Wi-Fi will connect outdoor space with activation opportunities. In total, MD offers nearly 100,000 square feet of recently converted creative office space for lease.
Alto’s move to the Design District underscores the success of the adaptive reuse strategy underway by QIP, which has acquired more than 25 properties in the last two years. In May, QIP broke ground on Thirteen Thirty-Three, a bespoke 10-story, 125,660-square-foot Class-A office building located at 1333 Oak Lawn, and River Edge, a five-story 140,757-square-foot office building with three planned on-site restaurants located at 161 River Edge. Transwestern and Shop Companies are handling leasing for both properties with delivery estimated for Q4 2023.
According to Transwestern research, the Design District has seen nearly $1 billion in private investment over the last 15 years. With top-tier local and out-of-market restaurants, and new retail concepts recently announced, the area features multiple nightlife and entertainment destinations.
Alto was represented by Stream Realty Partners in lease negotiations, and project architecture was led by Entos Design.