New Class AA Building at Hall Office Park

Craig Hall, chairman and founder of Hall Financial Group, announced this week that construction will soon be underway on the 16th building at Hall Office Park in Frisco, Texas. According to a Dallas Business Journal article, development on the speculative new office building at 3001 Dallas Parkway will begin in early 2013. The new Class AA building at 3001 Dallas Parkway will be eight-stories with 200,000 square feet.

"With existing demand for new multi-tenant office space in the area outpacing availability, we believe the timing is right to start this next building," said Hall. "Our decision to move forward was facilitated by the support and development incentives provided by the City of Frisco and the Frisco Economic Development Corporation. Their encouragement and assistance will help make this speculative project economically workable."

Hall Office Park is Hall Financial Group's 162-acre development in Frisco, Texas, master planned for 3 million square feet of Class A space. The new addition is s being built on one of the two remaining and highly visible development sites in the park overlooking the Dallas North Tollway. Hall Financial Group has maintained a steady development pace at Hall Office Park since opening its first speculative building in early 1998. Today, 15 buildings with 2 million square feet of space are complete and 98% leased to a roster of 170 tenant companies with an employee population of 6,500.

For more news and information visit Blumberg Capital Partners.