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PathGroup Takes Down Full-Building Lease at 121 Corporate Center
A new 126,596-square-foot office/lab lease was recently inked at 121 Corporate Center in Coppell, TX. The full-building lease was signed to Nashville-based PathGroup, and represents the company’s first location in the Dallas-Fort Worth area and third in Texas.
According to Newmark research, the transaction is one of the largest office leases in the Las Colinas submarket in 2021 in terms of square footage.
Newmark’s Nathan Durham and Duane Henley represented the landlord, Cabot and Link Logistics Real Estate, on behalf of Blackstone. Cushman & Wakefield’s Dean Collins, Mark Collins, Jason Dodson, Michael Sessa and Jack Keenan represented PathGroup. “Office product that can accommodate hybrid office/medical/life science users continues to be in demand in DFW,” said Durham. “PathGroup’s growth and their establishment of a DFW location further demonstrates the momentum of the office market in Las Colinas.”
- ◦Lease