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ECI Software Solutions Leases Office Space In Westlake's The Terraces At 1500 Solana Blvd

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LEASED

Texas

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Office25,468 SF
Leased 04/12/2024
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LEASED

ECI Software Solutions Leases Office Space In Westlake's The Terraces At 1500 Solana Blvd

1500 Solana Boulevard

See Similar Deals
Office25,468 SF
Leased 04/12/2024
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Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:25,468 SF
Transaction Type:Lease

The office property located at 1500 Solana Boulevard in Westlake spans 25,468 square feet and was leased by software company ECI Software Solutions. The relocation of the company's headquarters from Fort Worth to Westlake aligns with its post-pandemic adaptation to a 100% hybrid work policy.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not provided
  • Address: 1500 Solana Boulevard
  • Market: Westlake
  • Landlord: Michael Klein & Mickey Stefan - Glenstar
  • Tenant: Trevor Gruenewald & Andrew Pryor - ECI Software Solutions

Jeff Eckert from JLL represented the landlord Michael Klein & Mickey Stefan, while Stephen Rury from Colliers was the tenant's representative for Trevor Gruenewald & Andrew Pryor. The move to a smaller, more inviting space at The Terraces at 1500 Solana Blvd reflects ECI Software Solutions' efforts to create a bright, warm environment for its employees amidst changing workplace needs.

Players

Stephen Rury
2 deals
BROKER

Jeff Eckert
JLL
1 deal(214) 438-6153
BROKER

Details

LEASED
IMAGE: Michael Klein, Mickey Stefan, Trevor Gruenewald, Andrew Pryor, Jeff Eckert & Stephen Rury DATE: 04/12/2024 ADDRESS: 1500 Solana Boulevard MARKET: Westlake ASSET TYPE: Office ~ SF: 25,468 LANDLORD: Michael Klein & Mickey Stefan - Glenstar (@GlenstarProperties) TENANT: Trevor Gruenewald & Andrew Pryor - ECI Software Solutions LANDLORD'S REP: Jeff Eckert - JLL (@JLL) TENANT'S REP: Stephen Rury - Colliers (@ColliersInternational) NOTE: Software company ECI Software Solutions relocated its headquarters from Fort Worth to Westlake, leasing 25,468 square feet within The Terraces at 1500 Solana Blvd, as part of its post-pandemic adaptation to a 100% hybrid work policy. The move to a smaller, more inviting space aligns with the company's aim to accommodate changing workplace needs and create a bright, warm environment for employees.

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Deal Type
Effective Rent (Annual)

$1,459,810.39

Total Lease Value

$14,598,103.92

Net Landlord Cash Flow$1,459,810.39