International firm Kroll Inc. and MaxDecisions Inc. are relocating and expanding their offices in North Texas, snapping up the remaining space in the class A One Lake Park in Richardson’s Telecom Corridor.
Kroll and MaxDecisions have leased 11,896 sf and 3,154 sf, respectively, on the first floor of 2140 One Lake Park Blvd. The new deals restore the mid-rise’s historical 100% occupancy after one year of downtime due to the pandemic.
“We were in the early stages of marketing the spaces when COVID hit. Once tours picked up again, we quickly had commitments in hand for the vacancies,” says Melanie Hughes, senior vice president of Bradford Commercial Real Estate Services. She and Elizabeth Hooper, market director, lease the 192,213-sf office building for Lennox International Inc., an owner/occupant.
Kroll is eyeing a September move-in. The firm has retained ARCO/ Murray, a national design and construction firm, to build out its new office, which has views of the lake and walking trails on Lennox’s multi-building campus. Alexandra Boury and Greg Langston of Avison Young represented Kroll, formerly Duff & Phelps, in the long-term lease negotiations.
MaxDecisions has just relocated its headquarters from nearby Plano to One Lake Park. Hughes and Hooper negotiated a direct deal with the IT firm, which also has offices in Oregon, Utah and California. The company is an analytical provider for the financial services industry.
The eight-story One Lake Park features such high-end amenities as an Aramark Corp.-operated, 120-seat restaurant, fitness center with personal trainers, structured parking and 24/7 manned security. The dining facility and gym are scheduled to come back online on Sept. 1 in tandem with Kroll’s move-in.
“Lennox is a Fortune 500 company so the infrastructure and amenities are top of the line,” Hughes says. “As a result, One Lake Park attracts leading tenants in their respective industries.”
Kroll is relocating its Addison team and keeping the Uptown office intact. The company provides diverse services to 61% of the Fortune 100 companies, including valuation, investigations, corporate finance, cyber risk, security, restructuring and regulatory compliance. The advisory firm employs nearly 5,000 professionals in 30 countries and territories around the world.