Wellington Realty Completes Leasing Transaction for Black Shark Family Investments
Family Office will occupy prime office space in Downtown’s Thanksgiving Tower
DALLAS, January 4, 2016 – Wellington Realty, a commercial real estate services company serving the four major markets in Texas, announced the successful completion of a leasing transaction for Black Shark Family Investments, a family office. Black Shark Family Investments has leased 9,670 square feet of office space in Thanksgiving Tower, a 50-story skyscraper located in Downtown Dallas. Jack Allen with Wellington Realty represented the tenant. Brokers Mike Dement and Sam Meginnis represented the landlord, Altschuler & Company.
Thanksgiving Tower is in the midst of a $30 million renovation to its lobbies and common areas. Black Shark Family Investments selected the landmark building for its outstanding walkability within the vibrant Main Street District, putting them in close proximity to residential developments, amenities such as restaurants, retail, hotels, public transportation, and quick access to downtown’s pedestrian tunnel system.
“Black Shark Family Investments wanted an office building that offered Downtown’s best live-work-play amenities, and Thanksgiving Tower fit the bill,” explained Jack Allen, partner at Wellington Realty. “This prime office space features on-site parking; 24-7 security; great views of the downtown area; easy access to hotspots like The Joule, Neiman Marcus, The French Room, and Dallas Chop House; and access to the building’s own “Tower Club.” We secured advantageous lease terms reducing operating costs for our client, and we see this as a win for both the tenant and landlord.”
ABOUT WELLINGTON REALTY
Wellington Realty offers commercial estate brokerage and property management services in Dallas, Houston, Austin, and San Antonio. The firm specializes in real estate investment sales, leasing services, property management, and asset management for office, industrial, retail, and multifamily properties as well as developable land. For more information, visit WellingtonRealty.com.