Abacus Group Signs Lease for New Dallas Office at HALL Park in Frisco
by Abacus Group, on Sep 17, 2019
Dallas team to move in November into new 7,000 square foot space in Class-A building at HALL Park
FRISCO, Texas – September 17, 2019 – HALL Group announced today that Abacus Group, a global provider of IT services for alternative investment firms, has leased 6,891 square feet at 2401 Internet Boulevard at HALL Park. Abacus will begin occupying their new space on November 1, 2019.
“Abacus Group’s success in the IT industry can be attributed to their innovative leadership and strong brand reputation within the alternative investment industry that they serve,” said Kim Butler, HALL Group’s director of leasing. “We are thrilled to have them join us at HALL Park and know they will continue to thrive at their new home in Frisco.”
Originally founded in San Francisco in 2008 and now headquartered in New York City, Abacus first opened a satellite office in Dallas six years ago as a dedicated space for its growing remote support team and centralized location for employee training programs. Abacus has teams across the US and in the UK, and each new team member starts their Abacus career with time spent learning the firm’s systems during a training week in Dallas. In addition to an open-concept layout, private offices and break-out rooms, the new Abacus office build-out at HALL Park will include a large multi-purpose conference room designed specifically to be able to convert into a classroom-style training space.
The new office in Frisco will provide Abacus over 75 percent more square footage versus its current location, allowing the firm to plan for continued anticipated growth of its Dallas team. In a Class-A building with extensive amenities, a campus environment and prime location, Abacus is poised to continue investing in recruiting the best IT and client services talent within the Dallas area.
“Before even beginning the build-out of our new office, we hosted our annual Support Team Leadership Summit this summer at HALL Park and were very impressed by the collaborative spaces available to tenants,” said Chris Grandi, CEO at Abacus Group. “The idyllic location and breadth of amenities played a key part in our decision to lease at HALL Park. We encourage our employees to have a healthy work-life balance and focus on wellness, so I know our team is looking forward to the long list of amenities, including the in-building fitness center and expansive green space they’ll have easy access to. Frisco is one of the most prominent suburbs of the Dallas Metroplex and we look forward to growing our business at HALL Park.”
Charlie Otte with Rubicon Representation represented Abacus Group in the lease and HALL Group’s Kim Butler, Brad Gibson and Cynthia Cowen represented HALL Park.
The 162-acre HALL Park features the largest private collection of contemporary Texas sculpture ever assembled, where more than 200 works created by artists from all over the world are displayed in the Texas Sculpture Garden. Park amenities include outdoor meeting and event spaces, three miles of walking and jogging trails, corporate lounges and a bike share program.
About Abacus Group
Abacus Group, LLC is a leading provider of hosted IT solutions and service focused on helping alternative investment firms by providing an enterprise technology platform specifically designed for the unique needs of the financial services industry. The innovative and award-winning Abacus Cloud platform allows investment managers to source all technology needs as a service, offering the capacity to scale on demand to meet current and future cybersecurity, storage and compliance requirements. The company has offices in New York, NY; San Francisco, CA; Boston, MA; Dallas, TX; Greenwich, CT; Los Angeles, CA; Charlotte, NC; and London, England. For more information, visit www.abacusgroupllc.com.
About HALL Park
HALL Park is HALL Group’s award-winning, office development in Frisco, Texas, consisting of 2.5 million square feet of office space throughout 17 completed buildings. The park is surrounded by hundreds of works of inspiring art, winding walking trails, abundant green space and desirable onsite amenities, including a state-of-the-art fitness center, wine lounge, WIFI equipped outdoor lakeside meeting areas, restaurant and retail plaza and accommodating conferencing facilities. Its central Frisco location provides customers with countless dining, entertainment and shopping destinations, as well as convenient access to major thoroughfares and DFW International Airport. For more information, visit hallofficepark.com.
About Rubicon Representation
Rubicon Representation is a Texas-based real estate services firm committed to delivering optimal results to their clients. Employees embody the commitment, service, character and excellence, the founding cornerstones of the firm. The firm’s fifty-years of experience delivers value to clients in a wide variety of commercial real estate transactions. The firm represents tenants to meet their real estate needs through identifying and analyzing buildings, structuring transactions and negotiating. For further information, visit http://rubiconrep.com/Who-We-Are/.