Capital Commercial selects JLL to manage Las Colinas campus

IRVING, April 18, 2023 – JLL has been selected as the exclusive leasing agent and property management service provider for 5959 Las Colinas Blvd in Irving, TX. This expansive 290-acre campus on State Highway 114 offers a unique opportunity for development and flexibility with convenient access to the entire Dallas-Fort Worth metroplex.

T.D. Briggs, Blake Shipley, Ashley Curry, and Chris Wright are leading the marketing and leasing effort of the 379,014 square foot office building. JLL’s Property Management efforts will be led by industry veterans, John Myers and Bill Moebius.

"Las Colinas has long been a magnet for top-tier companies and talent, and this property is no exception,” said Briggs, Managing Director of JLL Dallas. “With its prime location, beautiful surroundings, and ample amenities, 5959 Las Colinas Blvd is a beacon for businesses looking to relocate and have flexibility in their office space and design. With JLL's expertise in leasing and property management, we are well-equipped to help companies take advantage of this exciting opportunity and create the perfect space for their unique needs."

In December 2022, Capital Commercial Investments purchased the property, solidifying them as the largest landlord of major North Texas business campuses. JLL Capital Markets, led by Senior Managing Director Michael Swaldi and Managing Director Jonathan Carrier, worked on behalf of the seller to arrange the sale.

"With its expansive size and prime location, this Las Colinas campus represents a once-in-a-lifetime opportunity for businesses looking to to establish or expand their presence in the Dallas-Fort Worth area,” said Doug Agarwal, Founder and President of Capital Commercial Investments.

With around 10,000 companies based in the area, including eight Fortune 500 and four Fortune 1000 businesses, Irving's Las Colinas development has earned the reputation of being the "headquarters of headquarters."

The campus features a lakefront view and landscaped grounds that provide a serene environment for employees and visitors. Tenants will benefit from a range of amenities, including a state-of-the-art fitness center, cafeteria, and multiple conference rooms located within the expansive office building. The location also provides direct access to Highway 114 and 161 George Bush Freeway, as well as Dallas-Fort Worth Airport.

"With a tie to this property since it was first purchased 34 years ago, JLL is honored to have been selected as the property management service provider for 5959 Las Colinas,” added Myers, JLL Regional Manager, Property Management. “We are committed to delivering unparalleled services to this iconic property and look forward to leveraging our expertise and industry-leading capabilities to drive exceptional value and elevate the experience for all stakeholders involved."