Douglas Elliman Tripling Size of Dallas Office With Pre-Emptive Play for Travis Walk Space

DALLAS – Douglas Elliman Inc. has expanded and extended its lease in Travis Walk in the prestigious Knox Street Dallas District, making a pre-emptive move on soon-to-be-vacated class A space that will triple the size of its Dallas office. 

Offices at Travis Walk Exterior

The luxury real estate company will relocate within the boutique building by year's end to an 8,247-sf office on the second floor of 4514 Travis St. The local team will gain an extra 6,117 sf of operating space in a three-story project that's historically 100% leased. 

"Elliman approached us after learning about the upcoming vacancy and immediately jumpstarted talks to backfill the space," says Melanie Hughes, senior vice president of Dallas-based Bradford Commercial Real Estate Services. She and Richmond Collinsworth, senior vice president and managing partner, represent the local landlord. 

The 100,000-sf Travis Walk is one of those office addresses that rarely experiences a vacancy. It has a Walkability score of 90, complemented by a trio of premier restaurants located within the project's walls and surrounded by one-of-a-kind boutiques and leading luxury brands. It also boasts two entry points to the 3.5-mile Katy Trail. 

Travis Walk - Courtyard

New York-based Douglas Elliman has been a tenant in Travis Walk since 2021 when it leased the only available opening – 2,157 sf. Hughes says prospects already are eyeing that space well in advance of the real estate firm moving into the larger office. 

Douglas Elliman has snapped up as-is space boasting four walls of windows, a balcony and a high-end finish-out. Travis Boothe and Hanna Henley of Cushman & Wakefield of Texas Inc. represented the tenant in the long-term lease negotiations. 

"Elliman really needed to expand," Hughes says, "and quickly jumped on the opportunity to remain in Travis Walk."

August 29, 2023

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