Newmark announces the University of North Texas’ (UNT) 56,517-square-foot lease renewal and expansion at 2811 and 3011 Internet Boulevard at HALL Park in Frisco, Texas. Newmark Vice Chairman and President of Tenant Representation Texas James Cooksey and Associate Director Garrison Efird represented UNT in the lease. HALL Park was represented by HALL Group’s Kim Butler, Brad Gibson and Cynthia Cowen.
“UNT’s goal continues to be the exceptional service and education of our student population in a technology-centered, robust learning environment,” said David Reynolds, Associate Vice President for Facilities at UNT. “The expanded space at our HALL Park location will be updated to maintain the continuity and high quality of the existing space. We appreciate Newmark’s timely work on our behalf to complete this expansion and look forward to occupying the space.”
In addition to UNT’s business incubator, Inspire Park, which opened October 2018 and the new branch campus at Preston Road and Panther Creek Parkway, the University’s commitment to Frisco is further underscored with the expansion of its UNT at Frisco campus. The UNT at Frisco campus, which currently occupies 36,601 square feet at 2811 Internet Boulevard, will expand by 19,916 square feet into an adjacent building, 3011 Internet Boulevard. Updates to the space are planned for completion before the start of the Fall semester.
“Because UNT’s existing building was 100 percent occupied, we had to identify a solution that, despite the campus being bifurcated, provided easy access and accounted for the flow of students frequenting the space,” said Garrison Efird. “Considering the timing of student occupancy in the Fall, this was an intricate and deadline-driven process,” added Cooksey.
“UNT has had an exceptional presence at HALL Park for several years, and we are thrilled to see their footprint expansion as they continue to grow their student body,” said Kim Butler, Director of Leasing at HALL Group. “Frisco will continue to grow in terms of population, business relocations and innovation, and we believe UNT will be a large factor in this continued trajectory.”
HALL Park encompasses 2.2 million square feet of office space surrounded by hundreds of works of art, walking trails, abundant green space and modern amenities. The park houses 10,000 employees working at a diverse array of large and small companies across many industries.
About The University of North Texas
Established in 1890, the University of North Texas (UNT) is one of the nation’s largest public research universities with 39,000 students. Ranked a Tier One research university by the Carnegie Classification, UNT is a catalyst for creativity, fueling progress, innovation and entrepreneurship for the North Texas region and the state. UNT’s programs are internationally recognized with research and scholarship spanning all disciplines. World-class faculty are making breakthroughs every day, and UNT students and alumni are changing the world around them.
Newmark (“Newmark”), operated by Newmark Group, Inc. (“Newmark Group”) (NASDAQ: NMRK), is one of the world’s leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, Newmark’s 18,000 professionals operate from approximately 480 offices on six continents. Newmark’s investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. For further information, visit www.ngkf.com.
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