Pei Wei Moving Its Headquarters To Texas

Courtesy of CBRE Phoenix
Pei Wei, 10450 North 28Th Drive

Pei Wei is moving to the buzzy office market of Las Colinas, Texas. The pan-Asian cuisine giant is eschewing its headquarters in Scottsdale, Arizona, and putting down roots in Dallas-Fort Worth, home to its highest concentration of restaurants.

Pei Wei recruited JLL to negotiate a lease for the new headquarters and procured 16K SF at the Las Colinas Highlands tower.

“Pei Wei is making a tremendous investment in their company and North Texas. Not only is Dallas-Fort Worth one of the fastest-growing and economically sound regions in the country, but we are also home to Pei Wei’s largest concentration of storefronts. Our state’s business-friendly environment, accessible resources and deep labor pool align with their long-term plans for future success,” JLL International Director Paul Whitman said.

There has been a lot of interest in Las Colinas over the last few quarters, and demand remained strong in the area through Q2, according to research from Marcus & Millichap. Additionally, the Irving/Las Colinas Chamber of Commerce has voiced its willingness to dole out concessions as it is intent upon remaining competitive in bids for corporate relocations such as this one.

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