Brinks Home Headed to new Digs in Farmers Branch

Home security company Brinks is downsizing their North Texas headquarters.

The company will be moving just a mile in Farmers Branch. The distance is small, but the square-footage difference is massive: its former offices at 1990 Wittington Place are being demolished, and its new 10-year lease at 1501 Lyndon B. Johnson Freeway is 80 percent smaller. The Lyndon B. Johnson Freeway location lease is for 27,000 square-feet, the Wittington Place location was for 165,000 square-feet.

Brinks’ new digs will be located on the seventh floor of the brand new Park West building, which opened Monday, according to the Dallas Business Journal. The move was sparked by a company desire for less space as it accommodates hybrid work schedules.

“We needed less space, but more value per square foot,” Brinks senior vice president and chief people officer Dinesh Kalwani told the outlet. “What we wanted to do was downsize from the standpoint of cost, but upsize in terms of what we have to offer to both our employees and our partners.”

Brinks employs 900 people across the U.S., half of them based in the Dallas-Fort Worth metroplex. Kalwani told the outlet that anywhere from 75 to 200 of their employees are expected to use the new office.

According to marketing materials from Forge Commercial, the Park West pair of buildings have 260,932 square feet of office space available at around $22 per square foot per year. The building boasts easy access to DFW International Airport, Downtown Dallas, and the Las Colinas business district. Amenities in the buildings include a Starbucks location, a conference center and a full-service cafe.

As companies continue to adapt to pandemic-downgraded office space requirements, more and more are moving out of downtown Dallas for areas like Farmers Branch. Access to the downtown area is listed as a plus, but fewer and fewer businesses, such as the recently-announced departures of AT&T and Fifth Third Bank, want their headquarters in the actual area.

— Hunter Cooke