GuideStone to Relocate to Pinnacle Tower
The company has sold its current space and will move to the new office space in late summer 2018. JLL brokered both deals.
By Evelyn Jozsa
Pinnacle Tower
GuideStone Financial Resources has leased 115,000 square feet of office space at Pinnacle Tower in Dallas. The company has also sold its current office space, a 194,000-square-foot building at 2401 Cedar Springs Road; however, it will be leased back until the relocation can occur in late summer 2018. JLL brokered the leasing agreement as well as the sale of the firm’s current office.
At 5005 LBJ Freeway in North Dallas, Pinnacle Tower is located at the intersection of Interstate 635 and Dallas North Tollway, which is a 15-minute drive from downtown Dallas. Built in 1989, the Class A office building recently underwent a $9 million interior renovation. Corgan Architects designed the build-out of GuideStone’s office space. The building features 1622 parking spaces and controlled access.
“The move is part of our Vision 20/20 and GuideStone 100 long-range strategic plans,” said O.S. Hawkins, president of GuideStone, in prepared remarks. “Part of our commitment in our strategic plan is to aggressively manage costs to remain competitive for the benefit of our participants. This relocation is one of many changes we’ve made over the last three years to help us achieve our long-range goals.”
In October 2017, JLL worked on behalf of Cantrell McCulloch, to secure a 9,964-square-foot lease at Park Central 7, in Dallas.
Image courtesy of Yardi Matrix
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