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Spear Street's multimillion-dollar Richardson redevelopmentSpear Street's multimillion-dollar Richardson redevelopmenthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=117202016-01-12T06:00:00Z2016-01-12T15:00:00Z

​RICHARDSON – Calif.-based Spear Street Capital, along with Cushman & Wakefield and Peloton Commercial Real Estate, has unveiled a massive multimillion-dollar redevelopment of the Galatyn Commons office complex.

The firm acquired the four-building, 800,000-sf complex at 1011 Galatyn Pkwy. in September 2014.

Galatyn ​​Commons has 600,000 sf immediately available for lease. Cushman & Wakefield and Peloton are leasing the property on behalf of the owner. 

Redevelopment plans include expanding the parking garages to get a ratio of five​​ parking spaces per 1,000 sf of office space and redoing the cafeteria and outdoor amenity complex. Spear Street also plans to add a coffee shop, conference center, new lobbies, a food truck pavilion, amphitheater, outdoor kitchen, bocce courts and fire pits.

Construction is slated for completion in April.

Dallas Business Journal
Dallas-Fort Worth-Arlington
Office
http://www.bizjournals.com/dallas/news/2016/01/12/spear-street-capital-unveils-multimillion-dollar.html?iana=ind_creRead more at {Source}

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