Mohr Partners, Inc. Represents WorldVentures on Headquarters Expansion in Texas

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Mohr Partners, Inc. (MPI) announced the expansion of WorldVentures’ corporate headquarters at the Legacy Tennyson Center in Plano.

Mohr Partners, Inc. (MPI), a national wholly-owned commercial real estate advisory firm exclusively focused on representing tenants, announced the expansion of WorldVentures’ corporate headquarters at the Legacy Tennyson Center in Plano. The deal covers a total of 125,000 square feet of office space.

Chairman Emeritus Bob Mohr and Managing Principal Eric Beichler represented WorldVentures on the transaction. Managing Director Duane Henley and Principal Nathan Durham of Transwestern represented the landlord, Franklin Street Properties. WorldVentures has leased both 5100 Tennyson Parkway and 5160 Tennyson Parkway. Prior to the deal, WorldVetures subleased the space at 5100 Tennyson Parkway from Denbury Resources, an energy firm.

"We signed a long-term lease to stay at 5100 Tennyson Parkway in December and then signed a lease for an additional 25,000 square feet next door, which will allow the company to add about 150 employees," said Mohr.

"This will be an important and efficient consolidation of two Plano offices moving together in one place with one landlord,” said Beichler.

WorldVentures, one of the world’s leading direct sellers of global travel club memberships, chose to stay in the Legacy Tennyson Center because of its prime location and efficient design.

"The Legacy market continues to retain tenants and is experiencing great success in recruiting new users of office space," Henley said.

About MPI:

Mohr Partners, Inc. (MPI) is a global corporate real estate services firm providing tenants and occupiers integrated solutions including business consulting & advisory, portfolio strategy/lease administration, research and site selection, location incentives consulting, transaction advisory, project management and business intelligence/data analytics services. Since 1986, MPI has been managing real estate portfolios for organizations around the world. MPI’s 200 professionals working from the firm’s 22 North American owned offices, deliver integrated services worldwide through strategic alliances with best-in-class partners in Mexico/Latin America, EMEA and Asia. As the leading diverse commercial real estate firm, MPI became a certified Minority Business Enterprise (“MBE”), by the National Minority Supplier Development Council (“NMSDC”) in 2017. Please visit http://www.mohrpartners.com.

For more information contact:

Robert Shibuya
Chairman & CEO
214 907 8094
robert.shibuya(at)mohrpartners.com

This release may contain “forward-looking statements.” All statements, other than statements of historical fact, including statements that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on management’s assumptions and assessments in light of experience and trends, current conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results may differ significantly from those envisaged by our forward-looking statements. Among the factors that could cause actual results to differ materially from those described or implied in the forward-looking statements are general business and economic conditions, production delays resulting from lack of regulatory certifications and other factors, competition in our existing and future markets, lack of market acceptance of our products and services, the substantial leverage and debt service resulting from our indebtedness, loss or retirement of key executives and other risks disclosed by us or generally associated with our business.

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Caera Thornton
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