May 2021 – Whitebox News

Grant Pruitt, Jade Scott & Brendan Zrowka worked with City Electric Supply to sign a new 99,365 SF lease at Speedway Distribution Center in Fort Worth. 

David Harris & Jade Scott negotiated an expansion for Taylor Counseling Group at Mallick Tower in Fort Worth.  Their offices will expand to 3,632 SF expansion at 101 Summit Avenue.

Evan Hammer & Brendan Zrowka helped MyndVR, Inc renew their executive workspace in Plano.

 Grant Pruitt & Brendan Zrowka worked with eQHealth Solutions in Irving, TX to dispose of their 4,194 SF Sublease.  

David Harris & Jade Scott worked with the Taylor Counseling Group to expand their office at Campbell Centre in Dallas, TX.  The 6,402 SF amendment was signed for their suite in the South Tower at 8150 N. Central Expressway.

David Harris & Ben Crancer represented Bragalone Olejko Saad on their Dallas, TX sublease at Chase Tower.  The 9,218 SF sublease is a full floor in the keyhole section of the tower.  

Whitebox Real Estate is proud to welcome Shad Watson to our team. Shad is our new Vice President of Operations!

David Harris takes the win for the third week of May for our Whitebox King of Meetings.

Brendan Zrowka got to ring the gong and end this month right! 

Sean Smith celebrated his birthday this month, help us wish him a happy birthday! 

Ben Crancer took the win the second week of May for our King of Meetings! 

Sean Smith kicks off May as our Whitebox King of the Meetings, way to go Sean!

The Wall Street Journal Interviews Grant Pruitt with Whitebox Real Estate on Workforce Re-entry During The Pandemic

Whitebox Real Estate’s Grant Pruitt named one of D CEO’s Dallas Top 500 for 2021!

Kerri Panchuk with Bisnow interviews co-founder and President of Whitebox Real Estate, Grant Pruitt on the influx of HQs to the Dallas area and the impact on the area from the slew of relocations.

Steve Brown with The Dallas Morning News writes Whitebox Real Estate negotiated a new 45,000 square foot headquarters located in Grapevine for Pilot Thomas.

Four companies announce headquarters moves within North Texas – Whitebox Real Estate represents two

Kerri Panchuk with Bisnow Dallas-Fort Worth reports White Box Real Estate’s Matthew Otte represented Khop Management

This month Kerri Panchuk with Bisnow interviews Whitebox President and Co-founder, Grant Pruitt, on the current 24-year low in DFW office leasing activity. 

Grant Pruitt tells Kerri overall he remains bullish on the DFW office market and believes the slowdown in second-quarter leasing is simply carried over from a slowdown in activity during the pandemic last year. 

He said interest in office leases continued to pick up this quarter, but some of the newer transactions have not been finalized yet or counted among the final office stats. Now also is the time to get concessions and deals on office space before the market returns to normal, he said. 

“You are seeing all of that in the rearview mirror,” Pruitt said of leasing droughts.

“I think it’s hard to make a generalization based on any one year or any one quarter … because DFW is in a really unique position for a lot of different reasons and continues to attract people and businesses. The biggest mistake I saw people make in the last recession and people are making it again today, and that’s people trying to time the market. You have to play the hand that you are dealt. It’s a good time to be looking at your real estate options, it really is.”