Announcement

TCN Member Spotlight: Whitebox Real Estate/TCN Worldwide Negotiates One of the Largest Leases in Downtown Dallas

 TCN Member Spotlight: Whitebox Real Estate

 


Whitebox Real Estate/TCN Worldwide Negotiates the Second Largest Lease Completed in Downtown Dallas for 2019

California-based TripActions, a fast-growing corporate travel management firm, is taking more than 88,490 square feet of office space in the Renaissance Tower at 1201 Elm St.

Per the Dallas Morning News' article, the signed office deal is one of the largest lease transactions in downtown Dallas completed in 2019 and will bring hundreds of new workers to the building.

Whitebox Real Estate announces that it negotiated an 88,490 square-foot lease for TripActions, the fastest-growing corporate travel management platform, at Renaissance Tower located in Downtown Dallas at 1201 Elm Street.

“TripActions’ business is booming,” Whitebox Real Estate’s President & Managing Director Grant Pruitt said. “This is their second office relocation with a need to expand within a year and we are honored to continue to help them fulfill their real estate needs as they are more than tripling their footprint.”

TripActions is a travel platform built on unrivaled customer service combined with a traveler-friendly user experience to streamline business travel from booking and payment to actual travel. This office expansion will accommodate its growing customer support and operations team. The company is currently valued at $4 billion.

Whitebox Real Estate’s Evan Hammer, David Harris and Jade Scott represented TripActions on the transaction. CBRE’s Dennis Barnes, Clay Gilbert and Ben Davis represented the landlord. T3 Advisors’ Bo McNally and David Bergeron assisted the tenant from California.

About Whitebox Real Estate/TCN Worldwide

Whitebox Real Estate is a tenant-focused real estate advisory and development firm specializing in offering a custom approach to commercial real estate clients. Whitebox guides clients through the entire real estate process including strategic evaluation, lease negotiation, and construction. Whitebox is comprised of a team of experienced and passionate real estate and development professionals focused on delivering sustainable and custom-tailored projects.

To learn more about Whitebox Real Estate, visit whiteboxrealestate.com.

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 In a Nutshell
 


88,490 SQUARE FEET
OFFICE LEASE

Whitebox Real Estate’s Evan Hammer, David Harris, and Jade Scott negotiated on behalf of TripActions.

We identified an ideal space—recently white-boxed—located on the top 3 floors of a trophy Downtown building. We negotiated a flexible lease with a below-market rate and numerous concessions.

HYPER GROWTH TECH COMPANY [TripActions] TRIPLES FOOTPRINT, INKS 2nd LARGEST DOWNTOWN LEASE OF 2019
 

 Whitebox Real Estate
 


Agents/Brokers: 13

Product Types Served:

  • Office
  • Industrial
  • Tenant Rep
  • Investment Sales
  • Construction Management
     
 Featured Agents

 

 


Evan Hammer
Vice President
ehammer@whiteboxrealestate.com
 

David Harris
Associate Vice President
dharris@whiteboxrealestate.com
 

Jade Scott
Associate Vice President
jscott@whiteboxrealestate.com

 

 


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