Preston Hollow Community Capital has relocated its headquarters to the PwC Tower overlooking Klyde Warren Park in the Park District in Uptown Dallas.
The provider of specialized impact financing solutions for projects of social and economic importance to local communities made the move in the spring.
“This move represents a significant milestone for our business and an elevation of our workplace,” Jim Thompson, Preston Hollow’s chairman and CEO, said in a statement. “We were drawn to the state-of-the-art design and amenities of the building and the walkability of the neighborhood. The efficient, collaborative workspace we’ve created will help us attract and retain top talent as we grow.”
PwC Tower, at 2121 North Pearl Street, is a 20-story, 500,000-square-foot Class A office tower that offers a modern tenant lounge, conference center, state-of-the-art fitness center, collaboration spaces, and outdoor green spaces.
The firm said the move coincides with the expiration of its eight-year lease at Comerica Bank Tower.
Scott Hage of JLL represented PHCC in lease negotiations. Jeff Funderburk of BHA designed the sixth-floor space for Preston Hollow, and Metroplex General Contractors served as GC for the project, the company said.
Preston Hollow Community Capital invests in bespoke municipal finance transactions with a diversified investment portfolio. It has invested more than $4.8 billion since its inception across various sectors of the municipal bond market, including real estate, K-12 and higher education, healthcare, infrastructure, hospitality, general government, and economic development.
Since its founding, Preston Hollow has raised $1.6 billion in committed, permanent equity capital from premier sponsors such as Stone Point Capital, HarbourVest Partners, and TIAA.
Get on the list.
Dallas Innovates, every day.
Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.