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1445 Ross Avenue

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

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

1445 Ross Avenue

Building Size

120,000 SF

Asset Type

Office

Closing

Jan 22, 2026

AI

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.

Players

Ted Pick

Morgan Stanley

Tenant

$1.7B

vol

14 deals

Tenant

Dallas Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93