facebook
Traded Co logo
Submit
Daily limit: 0/10

Deloitte Leases 100,000 SF Office Space In Uptown Dallas

Property Image
LEASED

Texas

See Similar Deals
Office100,000 SF
Leased 01/16/2024
the dealdetailscomps
Property Image
LEASED

Deloitte Leases 100,000 SF Office Space In Uptown Dallas

2323 Cedar Springs Road

See Similar Deals
Office100,000 SF
Leased 01/16/2024

Summary

TEXAS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:100,000 SF
Transaction Type:Lease

The 23Springs tower, located at 2323 Cedar Springs Road in Dallas, has recently secured a lease agreement with Deloitte. The multinational professional services network will be relocating to Uptown Dallas and leasing over 100,000 square feet of office space. This move comes amidst a leasing downturn in the Dallas-Fort Worth area, and Deloitte cited the need for appealing office spaces and amenities as their reason for choosing the 23Springs tower.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 2323 Cedar Springs Road
  • Market: Dallas

In this lease agreement, Deloitte will be renting office space from the following landlords: Will Hendrickson of Granite Properties and Ted Klinck of Highwoods Properties. The collaboration between these parties signifies a strategic decision made by Deloitte to fulfill their office space requirements.

Details

LEASED
IMAGE: Will Hendrickson, Ted Klinck & Joseph Ucuzoglu DATE: 01/16/2024 ADDRESS: 2323 Cedar Springs Road MARKET: Dallas ASSET TYPE: Office ~ SF: 100,000 LANDLORD: Will Hendrickson - Granite Properties (@GraniteProperties); Ted Klinck - Highwoods Properties (@HighwoodsProperties) TENANT: Joseph Ucuzoglu - Deloitte (@Deloitte) NOTE: Deloitte is relocating to Uptown Dallas, leasing over 100,000 square feet in the 23Springs tower. Joining other companies moving to the area, Deloitte cited amenities and the need for appealing office spaces amid high vacancies and a leasing downturn in Dallas-Fort Worth.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$5,731,939.66

Total Lease Value

$57,319,396.56

Net Landlord Cash Flow$5,731,939.66