Frontier Equity Renews Principal Life Insurance Lease At One Rigmar Centre

The property involved in the lease transaction is a 177,199-square-foot office building located at 6500 West Freeway in Fort Worth, Texas. The asset, known as One Rigmar Centre, was completed in 1986 and includes 750 square feet of retail space along with 616 parking spaces. Situated in a prime location, the property offers convenient access to Interstate 30, various public transportation options, and a selection of dining and shopping establishments. Current tenants of the building include Tsar Operating Co., Nine Energy Service, and Pape-Dawson Engineers.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not provided
• Landlord's Representative: Phil Sandlin (Navstar Commercial)
• Tenant: Principal Life Insurance Company
• Landlord: Frontier Equity
• Square Feet: 17,179

JLL Managing Director Pat McDowell oversaw the lease renewal on behalf of the tenant, Principal Life Insurance Company, for the 17,179-square-foot space at One Rigmar Centre. Representing the landlord, Frontier Equity, in the transaction was Phil Sandlin from Navstar Commercial. Earlier in the year, Frontier Equity completed the acquisition of the 10-story Fort Worth office building from Navstar Commercial, further solidifying their presence in the local market.