PLANO, Texas (PRWEB) March 05, 2018
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.
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.
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