Texas

FRISCO, TEXAS — Hall Group is set to begin construction on a Class A office building at 3201 Dallas Parkway in Hall Park. The 12-story, 300,000-square-foot project will be the 17th building in Hall Park, a 162-acre, 2.2 million-square-foot development in Frisco. The groundbreaking ceremony is planned for late September. The new building will contain 25,000-square-foot floor plates and is designed to achieve LEED Silver certification. The two-story lobby will include works of art and sculpture from the Hall Collection, and all floors will feature 10-foot ceilings. Outdoor spaces will incorporate landscaping, a water feature and an adjacent event lawn. The building will be the tallest to date at Hall Park and will overlook Dallas North Tollway. Hall Group opened the first speculative building at Hall Park in 1998. The park is 96 percent leased with 16 completed buildings and a roster of 184 tenant companies and 8,000 employees.

SUGAR LAND, TEXAS — JLL has negotiated two office subleases totaling more than 20,000 square feet at Sugar Creek on the Lake, located at 14141 Southwest Freeway in the Houston suburb of Sugar Land. JLL’s Edward Prejean negotiated the terms on behalf of the sub landlord, Money Management International Inc., a nonprofit credit counseling agency based in Houston. US Money Reserve Inc., an Austin-based rare coin seller, has leased 10,331 square feet on the second floor of the building. John Hanley of Commercial Real Estate Solutions LLC represented the subtenant in the transaction. Industrial Info Resources Inc., a Houston-based database solutions provider, has leased 10,200 square feet also on the second floor of the building. Marcus & Millichap’s Keith Lloyd represented the subtenant in the transaction. Sugar Creek on the Lake is a Class A office building located 20 miles southwest of Houston’s central business district. The property was built in 1982 and renovated in 2013.