The Union’s Retail Space Reaches 100% Occupancy With New Bank And Food Concept
The Union, a luxury office tower at 2300 North Field St. in Dallas, is now 100% occupied when it comes to the building's on-site retail.
The tower inked deals for vegetable bowl and smoothie concept Rush Bowls, which will operate on the second floor, and entered into a 4K-plus SF lease for Security National Bank.
The leases bring the tower’s office lease rate to 94% and its retail occupancy rate to 100%.
Security National Bank is a privately held bank with nearly $1B in assets. The bank intends to open a location inside The Union next spring.
“We’re committed to building long-term relationships and providing financial growth opportunities to Dallas consumers and businesses. The bank is excited to be joining the community that our family calls home,” Security National Bank CEO and Chairman James Landen said.
Rush Bowls also will open in early 2020. The restaurant concept said it found The Union attractive due to the prevalence of young professionals surrounding the area.
“It was only natural to open on the property, which includes a growing office tower and luxury apartment complex full of our target customers. We look forward to opening in the office tower next year,” Rush Bowls franchise owner Ted Bachmeier said.
“We are thrilled to welcome Security National Bank and Rush Bowls to The Union in 2020,”RED Development Managing Partner Mike Ebert said. “We’re honored to be the home of the first Security National Bank in Texas and the only Rush Bowls location in Uptown Dallas.”