DALLAS – Transwestern Real Estate Services (TRS) announces SHM Architects, PLLC, a Dallas-based design firm, has signed a new, long-term 12,218-square-foot lease in the historic Meadows Building at Energy Square, a 170,000-square-foot office building located at 5646 Milton St. The firm moves to the top floor of the building, relocating from the Knox District. Transwestern’s Michael Griffin and Ethan Minter represented the tenant in lease negotiations.
“SHM is one of the most unique design firms in the country,” said Griffin. The company needed a space that is both larger and inspiring to accommodate its growing headcount and promote its brand and image. The penthouse space of the iconic mid-century modern Meadows Building, with massive balconies and a jewel box of glass in every direction, was the perfect solution. We go to great lengths to define our client needs and deliver thoughtful solutions; this is a great example, and I’m so pleased with the outcome.”
SHM Architects, PLLC is a boutique design studio founded in 2005 in Dallas by David Stocker, Mark Hoesterey and Enrique Montenegro. In 2019, SHM launched its first satellite studio in Crested Butte, Colorado, reflecting a sustained commitment to servicing clients across the Mountain West region.
“Ever since the beginning of our firm, we have had our eye on the Meadows Building. We have great respect for Dallas architect J.N. MacCammon’s and the Meadows family’s vision for the building and the growth of Dallas. It is a lovely example of mid-century modernism. It reflects our firm’s idea of respecting history yet building on those ideas in new ways. The building and the amenities of Energy Square are an outstanding fit for the culture of SHM Architects, and we look forward to our new view over the central section of Dallas,” said founding Principal at SHM Architects, David Stocker.
With more than 1.1 million rentable square feet spread out over five buildings, including the Meadows Building, Energy Square recently underwent a renovation that includes a state-of-the-art 10,000-square-foot fitness center, conference center, tenant lounges, revamped delis, campus park and outdoor deck. Completed in 1955, the Meadows Building was the first suburban office tower in Dallas and originally served as the headquarters for the General American Oil Company.
Jeff Eckert, Blake Shipley, Haley Hullett and Ayanna Jarvis with JLL represented the landlord, GlenStar and USAA Real Estate.
According to Transwestern research, pervasive flight to quality continues driving asking rent growth higher in quality Class A properties. Last quarter, full-service rents reached $43.92 per square foot, up 7.6% from last year.
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. Through an integrated, customized approach that begins with good ideas, the firm drives value for clients across commercial real estate services, development, and investment management, and opportunistic endeavors for high-net-worth investors. Operating from 33 U.S. offices, Transwestern extends its platform capabilities globally through strategic alliance partners whose unique geographic, cultural, and business expertise fuels creative solutions. Learn more at transwestern.com and @Transwestern.
Media Contact:
Collin Burwinkel
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collin.burwinkel@transwestern.com
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