Global insurance and risk management firm Lockton Cos. has inked a big expansion at 2100 Ross. The Kansas City-based company has signed on for 99,000 square feet in the building, which is owned Cousins Properties. It will occupy floors 11 through 14.
Bruce Sammis, CEO of Lockton Dunning Benefits, said the central location and ease of access were compelling reasons to stay and expand. “It will be an added bonus to be amid the energy and excitement of the Arts District as we continue growing,” he said.
(Read more about Sammis here and here.)
Frank Scardino, CEO of Lockton-Dallas’ property and casualty office said it was important to executives and employees to stay in the central business district. “Dallas Mayor Mike Rawlings and others encouraged us to stay, and we know it is the right decision,” he said. “We are also pleased to expand on a long-standing relationship with our friends at Cousins.”
The 33-story, 844,000-square-foot 2100 Ross has direct adjacency to Dallas’ Arts District, and is just a block away from the new Klyde Warren Park. Cousins acquired the building in August 2012 and has been sprucing up its common areas and amenities. At the time of the acquisition, 2100 was 67 percent leased; that figure has since improved to 78 percent.
Larry Gellerstedt, president and CEO of Cousins, called Lockton’s expansion a win for the property—and the Arts District. “We’re also very encouraged by the overall momentum at 2100 Ross, where our capital improvement plan and the vibrancy surrounding the new park continue to generate significant customer interest,” he said.
