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[ad_1] One in all downtown Dallas’ greatest buildings has landed a significant new tenant.California-based TripActions – a quick rising company journey administration agency – is taking greater than 88,000 sq. ft of workplace house within the Renaissance Tower at 1201 Elm St.The just-signed workplace deal is likely one of the largest lease transactions in downtown Dallas this yr and can convey a whole lot of recent employees to the constructing.The transfer will even greater than triple TripActions workplace footprint within the Dallas space.“TripActions’ business is booming,” Whitebox Actual Property’s President and Managing Director Grant Pruitt stated in an announcement. “This is their second office relocation with a need to expand within a year.”The corporate is transferring from a smaller workplace at 717 Harwood St.The 56-story Renaissance Tower is one among Dallas’ largest workplace buildings with 1.7 million sq. ft of house. It’s second in dimension solely to downtown’s 72-floor Financial institution of America Plaza.Inbuilt 1974, the glass skyscraper acquired a makeover in 1991 which added the ornamental metallic towers on the roof.Main tenants within the constructing embrace Neiman Marcus, Hilltop Securities and Ernst & Younger. The U.S. Environmental Safety Company can be relocating its operations to the constructing.Whitebox Actual Property’s Evan Hammer, David Harris and Jade Scott negotiated TripActions lease with CBRE’s Dennis Barnes, Clay Gilbert and Ben Davis.hidden advert unit{"unitName":"dfpPosition1","display":"mobile","isMobile":false}Earlier than choosing Renaissance Tower, TripActions narrowed its purchasing listing to about six places downtown, Harris stated.“We were very focused on downtown due to the workforce here,” Harris stated. “They're a rising firm. “With Uber going into Deep Ellum and the general public transit, it drew them to downtown,” he stated.The corporate at the moment has about 200 employees within the smaller Harwood Avenue workplace however plans to develop dramatically.Based in 2015, TripAction is predicated in Palo Alto. It’s simply the most recent California agency to find a significant employment middle in Dallas. [ad_2] Source link