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Forest Ridge Plaza Gaining New Headquarters Tenant
October 30, 2012
Citybizlist Dallas
Forest Ridge Plaza Gaining New Headquarters Tenant
October 30, 2012
The newly formed Prism Midstream LLC has selected Forest Ridge Plaza in Bedford as its home for the development of midstream energy infrastructure for emerging oil and natural gas plays throughout North America.
Prism's founders Bob Dunn and Gene Adams have leased 3,000 sf from Gaedeke Group LLC for a portion of the top floor of the five-story mid-rise office building at 1600 Airport Freeway. The class A office will be ready to occupy Nov. 1.
Prism's founders and their independent broker, Judith Dunn, were drawn to the Mid-Cities for its accessibility to Dallas and Fort Worth, staying focused on location and unfazed by the expansion of Texas 183.
The 57,754-sf Forest Ridge Plaza's proximity to all freeways, stretching in all directions, has proven to be a chief consideration by companies seeking quality suburban office space with urban amenities, such as on-site management, full-service banking center and choice selection of nearby restaurants and retail. Also close by is Dallas/Fort Worth International Airport.
Gaedeke's new tenant and Energy Spectrum Partners VI LP, a private equity fund that makes direct investments in the oil and natural gas industry, recently acquired two Texas Gulf Coast natural gathering systems. In another partnership, Prism and an affiliate of Kinder Morgan Energy Partners LP have bought Pecos Valley Producer Services LLC, which provides gathering, processing and transloading services in Reeves County, Texas, as a support for Permian Basin operations.
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- 2012
- Forest Ridge Plaza Gaining New Headquarters Tenant
- Carl Domino Inc. Relocates to Northbridge Centre
- 50 Shades of Clean
- Phoenix Office Tower Earns LEED® for Existing Building – Operations and Maintenance certification
- City Biz: LEED-EB for 1310 G Street
- Oak Lawn Plaza to get $250,000 in upgrades
- Gaedeke Group Making Upgrades to Oak Lawn Plaza
- Gaedeke Earns BOMA 360 Awards for Office Properties in 4 Metros
- One McKinney Plaza wins Rehabilitation/Re-use Deal of the Year
- One McKinney Plaza Recognized for New Look
- Gaedeke Group Fills 42,346 SF at Richland Corporate Centre
- The Top Commercial Real Estate Pros in Dallas-Fort Worth
- Seven HQ Decisions Highlight Gaedeke's 10-Deal, End-of-Year Surge
- 2011
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- 2008
- Gaedeke Gets Green