CBRE Is Moving Its Global HQ to Park District Building with Klyde Warren Park Views

Commercial real estate giant CBRE Group—which moved its headquarters from California to Uptown Dallas in 2020—plans to move its HQ just a couple blocks away to the Park District complex, the Dallas Morning News reports.

Commercial real estate giant CBRE Group—which moved its global corporate headquarters from California to Uptown Dallas in 2020—now plans to move its HQ just a couple blocks away to the Park District complex, where it will have striking views of Klyde Warren Park below and the downtown Dallas skyline just to the south.

That’s according to a report by Steve Brown in the Dallas Morning News, who says CBRE will be leasing two and a half floors of office space totaling 67,000 square feet that were originally snapped up by its coworking business, Hana, in 2019.

“It’s a spectacular space,” CBRE CEO Bob Sulentic told the DMN of the offices at Pearl Street and Woodall Rodgers Freeway. “Our corporate functions will be over there. We’ll have some of our senior global executives over there in different parts of the business. We think we will be in by late summer or early fall.”

CBRE’s HQ is currently located in the 19-story 2100 McKinney tower. The company had earlier planned to move into a new 27-story tower slated for construction at McKinney at Maple, the DMN notes, but that project got put on hold during the pandemic, leading to today’s Park District lease news.

Sulentic told the DMN that most of CBRE’s 100,000-plus employees will continue to work in their offices worldwide, adding, “But Dallas is our home officially now. It’s proving to be a good place for us.”

 

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R E A D   N E X T

  • The downtown Dallas skyline and Klyde Warren Park offer striking views. And a new 30-story high-rise planned by Dallas-based developer KDC is set to take stunning advantage of them. KDC's $200 million Parkside Uptown is slated for a mid-year groundbreaking, according to state filings cited by the Dallas Morning News. To be located at the corner of N. Harwood Street and Woodall Rodgers Freeway across from the park, the podium-style building is designed to be "an exceedingly modern workplace," with ground-floor retail and restaurants. It could eventually be joined by a phase two building next door with similarly striking architecture.

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