Flexible space and direct access to DNT and DART’s Silver Line highlight building amenities
ADDISON, Texas – VanTrust Real Estate, LLC (VanTrust), a full-service commercial real estate development company, has partnered with Colliers, a leading real estate professional services and investment management company, to begin pre-leasing at the class-A office building, Addison Station. The 12-story office tower will bring 250,000 square feet to 350,000 square feet of custom office space to 15555 North Dallas Parkway, located at the intersection of the Dallas North Tollway and Arapaho Road.
“Addison Station’s premier Dallas North Tollway location not only brings highly trafficked brand visibility to its future tenants but puts these companies in a prominent corporate neighborhood focused on accessibility improvements for its daytime population,” said Bill Baumgardner, executive vice president at VanTrust and head of the company’s Texas office. “The planned DART advancements and continual infrastructure updates in Addison and its adjoining cities position Addison Station as a part of a growing Dallas corridor built to accommodate the corporate residents and the changes to typical work schedules we see continuing in the future.”
Addison Station is adjacent to the Addison Transit Station and the new DART Silver Line, slated to open in 2023 as a part of the 26-mile Cotton Belt Corridor. The DART expansion will provide passengers with improved accessibility to major amenities, including residential offerings, the numerous restaurant and retail options and the regional and international airports, across the growing northern half of Dallas-Fort Worth (DFW). The office tower itself offers tenants state-of-the-art on-site facilities, including an over 8,000-square-foot rooftop amenity deck, an indoor and outdoor tenant lounge with attached terrace, a fitness center with locker rooms, ample parking and a conference center.
“Colliers is honored to have been selected by VanTrust to market this site situated in one of the most active submarkets in Dallas,” said Sara Terry, executive vice president at Colliers. “We are anticipating a significant amount of interest from corporate users looking to establish a presence in DFW and utilize an environment made with the hybrid work schedule in mind. The built-to-suit customization of Addison Station and its access to the broadest cross-section of labor in the region allows companies in need a space that adapts to their unique culture while effortlessly attracting others to its flexible work environment.”
The office project is slated to break ground later this year. Terry and Senior Associate Reegan Busby of Colliers will lead the pre-leasing efforts. Interested parties can learn more about Addison Station by contacting Sara.Terry@Colliers.com and Reegan.Busby@Colliers.com.
About Colliers
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 66 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.0 billion ($3.3 billion including affiliates) and $40 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people.
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