Stream Realty Partners’ Class AA office development recently signed the first tenant of The QUAD, in Uptown Dallas.
Chicago Title will occupy 20,000 square feet of office space within the 12-floor tower rising at 2699 Howell St. in the heart of Uptown. The 345,000-square-foot, state-of-the-art building is being developed by Stream, a national real estate services, development, and investment firm headquartered in Dallas. It is expected to deliver in the first quarter of 2024. Stream Vice President Ryan Evanich and Senior Associate Marissa Parkin lease the office space at The QUAD. The firm will also provide property management services at the site. Campbell Henry with Lincoln Property Company helped broker the transaction.
“We’ve found that the recipe for recruiting and retention success is giving our employees an enjoyable and high-quality work environment,” said Clark Pulliam, Director of Operations/Counsel at Chicago Title in a statement. “Stream’s high-quality development helps us meet those goals. The amenities at and around The QUAD give us the freedom to enjoy a meal with clients, go to a team happy hour, or hit the gym–all within walking distance. Its central location and accessibility to many major thoroughfares is well-suited and enjoyable for our employees who commute from across the Metroplex. Once at The QUAD employees are truly able to immerse themselves in the neighborhood and enjoy the lifestyle and accessibility that the development offers, making the commute well worth it.”
Chicago Title has officed at 2828 Routh St., an existing building on the same site as The QUAD, for over a decade. Pulliam said the company is “thrilled to be part of the dawning of ‘A Different Dallas.” The new project plays a key role in the rebirth of the Quadrangle, which once was Dallas’ first mixed-use development dating back to 1966.
The QUAD is a 12-story office tower with a penthouse amenity club that has an outdoor terrace with views of Uptown and a conference center. Efficient floor plans and common spaces support modern office dwellers’ needs for collaboration. Underground parking, a bike valet, and lockers are available.
The QUAD’s has a full-service fitness studio, floor-to-ceiling windows, and an urban green space. Five free-standing retail spaces surrounding the property will be open for tenants and neighbors seven days a week.
With a Walk Score of 92 and over 200 restaurants, 5,900 hotel rooms, and 17 entertainment venues within proximity, The QUAD offers a host of amenities and services for tenants. The city’s Katy Trail is within five minutes walking distance. Additionally, 12,500 apartment units and 16 fitness centers make the area livable.
“As we watch The QUAD come to life, seeing the response from tenants across a variety of industries is very rewarding for our team,” said Stream Partner and Executive Managing Director of Development Ramsey March. “We are grateful that a company of Chicago Title’s caliber understood the vision and committed so early to the project. Beyond our lease with Chicago Title, we are engaged with several hundred thousand square feet of prospects whose timelines match well with our 2024 delivery.”
The QUAD is owned and managed by Stream’s Investment Management Platform, which operates from Stream’s 14 local offices to make investment decisions based on real-time supply and demand fundamentals. Stream actively manages four discretionary commingled funds, in addition to several joint ventures, and wholly owned assets totaling 38 investments of 17.5 million square feet and approximately $2.2 billion in assets under management.