Real Points

Daily Reports on Commercial Real Estate


Buzz: Citigroup Leasing Space Downtown, Marketing its Huge Irving Campus

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By Christine Perez
Post date:
April 11th, 2011 6:23am

Financial services giant Citigroup is leasing new space in downtown Dallas. High-ranking officials say the company has narrowed its options to three buildings. But real estate sources say Citi has already made its decision: the 43rd floor of Trammell Crow Center at 2011 Ross Ave. Execs at Crescent, which owns Trammell Crow Center, say they’re working on a number of leases in the tower—including the 43rd floor—but declined to reveal or comment on any potential tenant names. Typical floor plates in the 50-story building are 27,000 square feet.

One of the buildings at Citigroup's sprawling campus on Regent Boulevard in Irving.

Meanwhile, Citigroup is marketing its sprawling corporate park on Regent Boulevard in Irving. The three-building, 625,000-square-foot campus was developed as a build-to-suit for the company in 2006 by KDC. Reliable sources say Citigroup is trying to sell the property. A listing for the property on LoopNet, updated April 7, is also offering spaces for rent, ranging in size from 11,467 square feet to 421,077 square feet.

Bill McClung with Cushman & Wakefield is Citigroup’s longtime North Texas broker. He referred questions on the matter to his client.



1 comment

  1. [...] RealPoints, and it’s really quite something. Example: this morning Christine Perez breaks the news that Citigroup has signed a lease at Trammell Crow Center and that the financial services giant is [...]

    D Empire Expands with New RealPoints Blog | FrontBurner @ 3:21 pm on April 11, 2011

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