High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Texas  + Office  | 

Mercedes-Benz Signs 200K-SF, BTS Lease

Mercedes-Benz Financial Services USA LLC completed negotiations to lease a 200,000-square-foot, new, build-to-suit facility at AllianceTexas in Fort Worth. The new facility, scheduled to open in early 2019, will be the company’s national business operations center at Hillwood-owned AllianceTexas. Cushman & Wakefield handled the lease negotiations.

The deal represents a relocation for Mercedes-Benz Financial services from its nearby current operations center at 13650 Heritage Pkwy. The company operated out of the 164,000-square-foot office building since 2007.

Construction is expected to begin on the new structure in early 2018. Approximately 900 direct and indirect jobs are being retained in Fort Worth as a result of the new operations center. BOKA Powell is the architect and JLL Fort Worth Project and Development Services the general contractor.

For comments, questions or concerns, please contact Texas Commercial Real Estate News Editor Amy Sorter

Connect

Inside The Story

Read More at PR Newswire

About Connect CRE

  • ◦Development
  • ◦Lease