Glenn Beck’s nonprofit signed one of Irving’s biggest leases in recent memory.
Mercury One, a humanitarian aid charity founded by the former Fox News host, leased the entire 172,089-square-foot office at 6655 MacArthur Boulevard with plans to relocate its American Journey Experience Museum to the building, the Dallas Business Journal reported. It’s the largest direct new office lease in the past five years in Las Colinas, a master-planned community and corporate hub, according to the publication. Financial terms of the deal were not disclosed.
Orion Properties owns the building. The lease is expected to begin this November and expire in October 2038, according to Orion’s first quarter earnings report.
Cushman & Wakefield brokered the deal and announced the lease on May 8, with Matt Schendel and Mary Frances Burnette representing Phoenix-based Orion and Steve Wentz representing Mercury One.
Founded in 2011, Mercury One aids disaster victims, military veterans and human trafficking survivors through various initiatives, according to its website. It also runs the American Journey Experience Museum, a history museum and event center.
The museum is currently located at 400 East Royal Lane in Irving, but Mercury One plans to move it to the nonprofit’s new space on MacArthur Boulevard, an Orion Properties official told the publication.
Las Colinas is a mixed-use community developed by cattle ranching millionaire Ben H. Carpenter in the 1970s. It’s become a corporate hub in the otherwise suburban city of Irving, which is northwest of Dallas.
Businesses headquartered in Las Colinas include heavy equipment manufacturer Caterpillar, consumer goods company Kimberly-Clark, Bimbo Bakeries USA and, most recently, Continental Battery Systems. Beck’s news outlet, The Blaze, is based on Riverside Drive about two miles west of 6655 MacArthur Boulevard. Other major office tenants include Sirius XM, Boeing and Yardi Systems.
Beck formerly lived in Westlake, an affluent suburb west of Irving, but announced plans last year to move to Florida.
-Isaiah Mitchell
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