The company leased 22,500 square feet, the entire seventh floor of the West Tower at 4975 Preston Park Blvd.

Commercial Real Estate

Digital Matrix Systems Moves Headquarters to Plano

The international risk management also plans to hire new tech talent.

Digital Matrix System is moving its headquarters from The Spectrum in Addison to Plano.

The international risk management solutions provider has leased the entire seventh floor, 22,500 square feet, of the West Tower at 4975 Preston Park Blvd. The new space provides flexibility for future growth and a location that will help to recruit tech talent, the company said in a news release.

The company plans to hire for three new positions and look forward to continued growth.

DMS decided to move from their current location in Addison to ensure that their space reflected their evolving company culture. The company put its employees at the center of their decision-making process, working with different business units, and forming an employee committee to understand their employees’ specific wishes and needs for a new workplace.

Upgraded conveniences and amenities include a central location that is easily accessible from both the Dallas Tollway and the George Bush Turnpike, 80% percent of DMS’ employees will have a shortened commute. Other amenities include free covered parking, on-site dining, and access to the building’s fitness center. DMS will receive exterior building signage.

“There’s a ton of energy and excitement right now among our employees,” said Jeff Miller, chief financial officer of DMS. “We’re all thrilled about the new space, and everyone feels like their voice was heard. As recruiting tech talent becomes a more competitive process, we’re incredibly proud that we have an average employee tenure of nine years at DMS. This first-class space puts us in a prime location to continue to hire and retain top-tier talent in North Texas.”

Mike Cleary, Mike Kay, and Campbell Puckett with CBRE in Dallas represented DMS in site selection and lease negotiations while Campbell Henry and Chris Axley with Lincoln Property Company in Dallas represented the owner, TerraCap.

“The way that DMS handled the real estate process is a fantastic testament to how they run their business,” said Cleary, senior vice president, CBRE. “They understood that they needed to start early, do their due diligence, and engage and listen to their employees. That process helped them to find the perfect space for their company.”

Perkins and Will will be the architect. DMS expects to occupy the space by the end of 2020.

Newsletter

Sign up now to get breaking commercial real estate news and industry reports from the D CEO editors, plus on-the-ground insights from nearly 100 contributing editors across all sectors.

Comments