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Cushman & Wakefield Arranges Three Leases at International Plaza 2 Totaling 173,769 Square Feet on Behalf of Taconic Capital Advisors

12/2/2021
Newly Repositioned Property Attracts Significant Leasing Activity

DALLAS, December 1, 2021 Cushman & Wakefield announced today the commercial real estate services firm has arranged three new leases totaling 173,769 square feet in the last 30 days at International Plaza 2, a Class A office building located in Dallas. 
Chris Taylor, Matt Schendle and Carrie Halbrooks of Cushman & Wakefield represented the landlord, Taconic Capital Advisors, in the lease negotiations. 

Interstate Batteries Inc., represented by Jeff Ellerman and Rich Flaten of CBRE, signed a 77,435-square-foot lease. A separate brokerage firm represented an undisclosed 80-year-old company for a new 65,684-square-foot lease; and Elizabeth Loving of Mohr Partners represented IMA Financial Group Inc. with the signing of a 30,650-square-foot lease. 

“International Plaza II made it to the top of our list because it supports our people-first culture,” said Scott Miller, Interstate Batteries’ President and CEO. “The renovations and outstanding amenities offer our Team Members flexible spaces to collaborate and enjoy community together, which we know is vital to the Interstate Batteries’ experience.”

“Given IMA’s recent growth in DFW and the increasingly competitive environment for talent, it’s imperative to have a workplace with high-end amenities, advanced digital capabilities and a great location to attract and retain exceptional people,” said Rob Broz, IMA Financial Group DFW Market President. “International Plaza gives us all of that and more.” 

Located at 14221 Dallas North Tollway, the 15-story property totals 388,432 square feet. Recent renovation work includes a new lobby, commons areas and amenities including an amenity space called The Lakehouse featuring indoor and outdoor seating, an outdoor kitchen, a café and coffee shop, conference center, fitness center, food hall and collaboration/game area. 

“Taconic Capital Advisors thoughtfully and intentionally invested significant capital and time, effort, and energy into the renovation to elevate International Plaza’s profile as a leading office campus where companies could do their best work and attract and retain top talent in Dallas,” Schendle said.  

The new leases bring International Plaza 2 to 85% leased. Since Taconic Capital Advisors acquired the property in April 2018, Cushman & Wakefield has completed 721,000 square feet of leases at the campus for ownership.

About Interstate Batteries
For almost 70 years, Interstate Batteries® has powered people down roads, trails and waterways and businesses to succeed. Best known for its starting, lighting and ignition (SLI) batteries, this product has been under car hoods since 1952, each one backed by the company’s service, quality, and value. Interstate All Battery Center® provides portable power in both retail and commercial markets. Headquartered in Dallas, Texas, Interstate Batteries is an industry leader in recycling efforts, as well as a global leader in safe lead handling practices. Guided by a set of common values, the company’s purpose is to glorify God and enrich lives while delivering the most trustworthy source of power to the world. For more information, visit www.interstatebatteries.com.

About IMA Financial Group
IMA Financial Group is a North American insurance brokerage firm with market-leading risk management, insurance, employee benefits and wealth management practices. Among the largest independent, employee-owned brokerages in the U.S., IMA employs 1,700 associates with highly specialized expertise in a broad reach of growing industries. The company’s mission is to protect assets and make a difference for its clients, associates and communities.

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 50,000 employees in over 400 offices and 60 countries. In 2020, the firm had revenue of $7.8 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 @CushWakeExternal Link on Twitter. 

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