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News release

Dallas, TX

Goveia Commercial Real Estate selects JLL to lead leasing efforts for new Frisco office development

Dallas, February 26, 2018 – JLL announced today the firm has been selected to lead leasing efforts for Stonebrook Business Park on behalf of Goveia Commercial Real Estate. The new office development, located at Stonebrook Parkway and Dallas North Tollway, is currently under construction. Phase one will consist of 90,000 square feet of office space. Construction on phase two, consisting of an additional 120,000 square feet of office space, is scheduled to begin this summer.

JLL Senior Vice President Chris Doggett and Senior Associate Ashley Curry are serving as marketing and leasing leads for the anticipated three-story, speculative building.

"Stonebrook Business Park is set to deliver a high-end, cutting-edge office experience within one of the most active markets in the nation," said Doggett. "Tenant demand is at an all-time high in North Texas, particularly in Far North Dallas, thanks in part to the level of interest from corporate users seeking a value office option. With abundant amenities nearby, great accessibility and visibility, Stonebrook Business Park will be ready to welcome the next wave of tenants to Frisco."

Upon its completion, Stonebrook Business Park will consist of 480,000 square feet of office space, 50,000 square feet of retail and an on-site hotel. Hill & Wilkinson is serving as contractor for the project.

Far North Dallas has been one of the most active submarkets in the region over the past several years. According to JLL Research, at the end of 2017, the submarket registered over 5 million square feet in completed office construction with 2.4 million square feet currently underway. Even with the amount of office product in various phases of development, vacancy as remained comparatively low. Currently, office vacancy for Far North Dallas rests at 15%, only 2.8% behind the area's lowest market vacancy.

For more information about Stonebrook Park, please contact Chris Doggett +1 214 438 6390 or by email at


About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2017, JLL had revenue of $7.9 billion and fee revenue of $6.7 billion; managed 4.6 billion square feet, or 423 million square meters; and completed investment sales, acquisitions and finance transactions of approximately $170 billion. At the end of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of 82,000. As of December 31, 2017, LaSalle had $58.1 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit