Real Points

Daily Reports on Commercial Real Estate


Today’s Deal: Pacific Union Financial

Category:
Author:
By
Post date:
September 19th, 2012 8:53am

Pacific Union Financial has leased 43,396 square feet of office space at 8900 Freeport in Irving. President Rick Skogg, said the company aims to grow its mortgage origination and servicing business in North Texas, and that the new space will help support its rapid growth.

Steve Thelen, managing director of Jones Lang LaSalle, represented Pacific Union in the deal. Chris Taylor and Rodney Helm with Cassidy Turley represented the property owner, TNI Irving LP, an affiliate of Lexington Realty Trust.

According to a recent JLL report, the Las Colinas/Irving area is expected to show rental rate increases in the next few quarters, with gains in leasing activity and improved market fundamentals.



Leave a Comment

* required fields

Welcome to D Real Estate Daily, a news site brought to you by D Magazine Partners



Sectors


Submarkets



  • Echo Global Logistics has leased 8,069 square feet of office space in Advancial Tower at 1845 Woodall Rogers Fwy. in Dallas. More »
  • Trace Resources has leased 9,680 square feet of office space at 1300 S University Dr. in Fort Worth. More »
  • ALM Media has leased 4,961 square feet of office space in Harwood Center at 1999 Bryan St. in Dallas. More »
  • Malouf Lynch Jackson & Swinson has leased 6,446 square feet of office space in Four Forest Plaza at 12222 Merit Dr. in Dallas. More »
  • Tenaska Inc. has leased 32,102 square feet of office space in the Offices at Brookhollow at 1701 E. Lamar Blvd. in Arlington. More »
  • G Wear LLC has leased 11,407 square feet of retail space in the Cascades at The Colony at 5909 Stone Creek Drive in The Colony. More »


Supporting Partners