Dallas Snags Corporate Relocation From Frisco

Courtesy of JLL
Derbysoft Inc.'s New Headquarters At 14800 Landmark Blvd.

DerbySoft Inc. will be moving its headquarters closer to city center with a 7K SF lease at 14800 Landmark Blvd. in Dallas.

The hospitality software company was in Frisco and has moved into Dallas, while remaining in the white-hot Far North Dallas submarket.

JLL Managing Director Steve Thelen negotiated the lease for DerbySoft and said the move was optimal for the company’s strategic goals and its desire to be near the amenities that keep employees happy.

“Their new corporate office provides flexibility for strategic growth, in addition to abundant amenities and easy accessibility for their established employees in DFW,” Thelen said in a statement.

Q3 data office market data from CBRE Research shows the Far North Dallas is the office market of choice for many companies. Vacancy in Far North Dallas is at 16.2% and year-to-date absorption is at 779K SF. Other submarkets have registered lower vacancy numbers, but very few of them can compete with the sheer volume of office space delivered and absorbed in Far North Dallas.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Dallas-Fort Worth Newsletters
Related Stories

Developers To Bring 83K SF Industrial Project To Colleyville: The DFW Deal Sheet

Efficiency, Speed And Experience: What CRE Needs To Know About The New Texas Business Courts

Cross Ocean Partners, Fuller Realty Acquire 829K SF Houston Office Campus

Developers Eyeing Dallas' 50-Mile Trails Loop For Uptown-Like Opportunities

NYC Office Investor Warns It Could Go Under As Defaults Pile Up

Deutsche Bank Takes 5 Floors At Oaktree And Quadrant's Canary Wharf Scheme

How Addison, Texas, Upholds Its Regulatory Standards And Keeps Building Projects Moving Forward

Coconut Grove Office Flipped For $15M Gain After One Year

D.C.'s Office Market Is Getting A Makeover

Dallas-Based White Rose Partners Seeks To Build Data Center In Prosper

Oxford Properties Pays $435M For Boston Office Tower, Eyes More Deals

Judge Rules FBI Can't Scrap Maryland Headquarters Plan