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Morgan Stanley Signs Four-Year Lease For 120,000 Square Feet At Fountain Place In Dallas

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LEASED

Texas

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Office120,000 SF
Leased 01/22/2026
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LEASED

Morgan Stanley Signs Four-Year Lease For 120,000 Square Feet At Fountain Place In Dallas

1445 Ross Avenue

See Similar Deals
Office120,000 SF
Leased 01/22/2026
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:120,000 SF
Transaction Type:Lease

The asset involved in this transaction is an office space located at 1445 Ross Avenue, Dallas, with a total square footage of approximately 120,000. The property is part of Fountain Place, a 1.2 million square foot office tower owned by Goddard Investment Group.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Landlord: Robert C. Goddard III - Goddard Investment Group
  • Tenant: Ted Pick - Morgan Stanley
  • Landlord's Representative: CBRE
  • Tenant's Representative: JLL
  • Date: 01/22/2026
  • Market: Dallas

The lease transaction marks Morgan Stanley's commitment to a four-year lease, which supports their expansion in the Dallas-Fort Worth area. The tenant is simultaneously evaluating a long-term requirement of up to 500,000 square feet, with 2401 McKinney in Uptown as the leading contender for future space needs.

Details

LEASED
IMAGE: Robert C. Goddard III & Ted Pick DATE: 01/22/2026 ADDRESS: 1445 Ross Avenue MARKET: Dallas ASSET TYPE: Office ~ SF: 120,000 LANDLORD: Robert C. Goddard III - Goddard Investment Group TENANT: Ted Pick - Morgan Stanley (@Morgan.Stanley) LANDLORD'S REP: CBRE (@CBRE) TENANT'S REP: JLL (@JLL) NOTE: Morgan Stanley is finalizing a four-year lease for about 120,000 square feet at Fountain Place, the 1.2M-sf office tower at 1445 Ross Ave. in downtown Dallas owned by Goddard Investment Group, with JLL representing the tenant and CBRE the landlord. The short-term deal supports Morgan Stanley’s Dallas–Fort Worth expansion as it evaluates a long-term requirement of up to 500,000 square feet, with 2401 McKinney in Uptown emerging as the leading contender.

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Deal Type
Effective Rent (Annual)

$6,878,327.59

Total Lease Value

$68,783,275.87

Net Landlord Cash Flow$6,878,327.59