Texas Neurology has signed a 15-year lease in 6080 NCX, a four-story office building located at 6080 North Central Expressway in Dallas. The healthcare company will occupy 40,252 square feet on the building’s first floor. Mike Gosslee, Senior Director at Cushman & Wakefield, represented Texas Neurology in their property search and negotiation.
Texas Neurology, which was previously headquartered in Lakewood, provides diagnostic services and patient care for patients with a variety of neurological disorders, including Alzheimer’s, muscular dystrophy and ALS, or Lou Gehrig’s disease.
Texas Neurology sought a new office location that would provide better access to its satellite locations in Richardson, University Park and East Dallas. 6080 NCX met that need, while also putting the company within closer proximity to several of Dallas’ leading hospitals.
“We worked with Texas Neurology for almost a year and a half to determine the best option for their next location,” Gosslee said. “Through our normal process at Cushman & Wakefield, we started the search early, which is especially important for such a large assignment. We considered a variety of options, from purchasing land to do a build-to-suit to going with a landlord-owned property. Ultimately, we found an excellent location that is entirely on the ground floor, providing great efficiency. It’s extremely rare to find 40,000 square feet on one floor in this type of urban setting, and we expect Texas Neurology will do very well there.”
“As we started our search for a new headquarters, we wanted to find an office that would be a good fit both now and in the future, while also being more centrally located,” said David Evans, CEO of Texas Neurology. “Our new location near Mockingbird Station will be convenient for our patients and beneficial for employees.”
Texas Neurology is expected to take occupancy in the first or second quarter of 2020.
6080 NCX was originally constructed as a build-to-suit in 2005. The office building’s unique design incorporates a three-floor parking garage built on top of the ground floor, which was meant to provide additional parking to support the area’s rapid growth.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.