Global business communications company relocates U.S. headquarters to The Campus at Legacy in Far North Dallas
JLL secures new office lease for Mitel.
DALLAS, December 18, 2018 – JLL announced today that Mitel, a leader in global business communications, is relocating the company’s U.S. headquarters from 5850 Granite Parkway to The Campus at Legacy, located at 5360 Legacy Drive in Plano, Texas. Mitel has agreed to an 82,464-square-foot office lease in Far North Dallas.
“As Mitel continues to drive innovation in the business communications and collaboration market, we recognize the need for a modern office space that supports our ongoing growth and enables us to maximize opportunities for employee collaboration,” said Mitel President and CEO Rich McBee. “The Campus at Legacy is a perfect fit.”
JLL Managing Director Steve Thelen and Vice President Jeremy McGown represented the tenant in the lease negotiation. Peloton Commercial Real Estate’s John Brownlee and Michael Williams represented the landlord.
“The new office solution will provide Mitel with an ideal blend of amenities, both on-site and nearby, and convenient accessibility for their employee and client base,” said McGown. “The Campus at Legacy is a great fit for the company’s long-term strategy and is sure to further elevate the already high quality of Mitel’s services.”
According to JLL Research, Far North has seen significant demand for Class A office space from tenants through Q3 2018. The submarket tops all Dallas submarkets with 364,163 square feet of office space absorbed, year to date, which accounts for nearly 40% of all Class A absorption.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with operations in over 80 countries and a global workforce of 88,000 as of September 30, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com