ALLEN, Texas, Dec. 7, 2017 — JLL announced today the successful negotiation of a new office lease for Boss Fight Entertainment's new headquarters. The renowned video game development company is set to become the newest tenant at One Bethany East, the first building under construction at One Bethany at Watters Creek, a 17-acre, multi-phase, corporate office park in Allen, Texas by owner/developer Kaizen Development Partners.
“Allen is an amazing city and with the addition of One Bethany at Watters Creek, it is everything you could ask for in a location,” said Scott Winsett, COO of Boss Fight Entertainment. “It has great character and the proximity to restaurants and entertainment venues as well as access to great talent made it an easy choice for us to build our headquarters and establish permanent roots here.”
“Boss Fight Entertainment is a perfect addition to the growing roster of creative, cutting-edge tenants who have made One Bethany East their new corporate home,” said Derrick Evers, CEO and Managing Partner of Kaizen Development Partners. “We are humbled that they selected One Bethany East and recognize the hard work and a commitment to excellence by everyone that made this possible.”
Commercial real estate consulting and brokerage service provider IC3 negotiated the lease on behalf of Boss Fight. The firm has been developing and implementing real estate strategies and solutions for the principals of Boss Fight since 2009.
“Multiple buildings and cities were evaluated per Boss Fights needs and goals,” Bob Ikel, President, IC3. “In the final analysis, the negotiations with One Bethany at Watters Creek developed a 'win-win-win' relationship between Boss Fight, the landlords and the City of Allen.”
JLL Senior Vice Presidents Chris Doggett and Blake Shipley and Executive Vice President Daryl Mullin, negotiated the 13,500-square-foot office lease on behalf of Kaizen Development Partners. Doggett, Shipley and Mullin are leading the leasing and marketing efforts for One Bethany East, which will deliver this February.
“Kaizen Development Partners is meeting the increasing demand of growing companies in North Texas,” said Doggett. “One Bethany East provides an ideal, long-term office solution with its accessibility and nearby amenities for employees. We're proud to help Boss Fight Entertainment secure an office solution that strategically positions them for future success.”
The 125,000-square foot, Class A office property will have a conference center, training room, tenant lounge, fitness center and large, 570-space structured parking garage.
“It's great to see a high-tech gaming company like Boss Fight choose Allen for its next corporate headquarters,” says Allen Mayor Stephen Terrell. “Not only will they enjoy a cutting-edge office building, they'll be just across the street from some of our city's best shopping and dining at Watters Creek. It's the perfect location for a growing business.”
One Bethany at Watters Creek is located within walking distance of a diverse mix of shops, restaurants and high-quality apartments in the Watters Creek mixed-use development. The office park is planned for a mix of multi-tenant Class A office buildings and single-tenant build-to-suit Class A office buildings designed to meet the needs of larger tenants in a campus environment.
In addition to One Bethany East, One Bethany at Watters Creek will include high-tech firm NETSCOUT's new regional research and development office, which broke ground in August, and the recently announced Delta by Marriott Hotel and Convention Center. Allen Economic Development Corporation and the City of Allen were instrumental partners to the office park's development.
About Allen Economic Development Corporation
The Allen Economic Development Corporation (AEDC) is funded through a citywide half-cent sales tax and charged with facilitating company relocations and assisting the expansion of existing businesses, which creates jobs and generates additional tax revenue to the community. Today, Allen's total ad valorem tax base exceeds $8.5 billion. Recently, the AEDC was instrumental in recruiting KONE Elevators, MonkeySports and CVE Technology to locate offices in Allen. To learn more, visit www.AllenEDC.com.
About Boss Fight Entertainment
Boss Fight Entertainment is a world-class independent game development studio founded in 2013 by David Rippy, Scott Winsett and Bill Jackson. With a 90+ person team that has proven experience and expertise in creating games that appeal to massive audiences on multiple platforms, Boss Fight is focused on developing titles that set new standards for their respective genres as well as groundbreaking original intellectual properties. The studio most recently launched the critically acclaimed Dungeon Boss, and is currently working on multiple new titles. For further information, visit www.bossfight.com.
About Kaizen Development Partners
Kaizen Development Partners (KDP) is a commercial real estate developer specializing in office, mixed- use, and healthcare developments. KDP brings unencumbered creativity, marketplace knowledge and strategic vision to the built environment. Over the past five years alone, the principals at KDP have developed approximately 2 million square feet of institutional quality projects valued at approximately $720,000,000. KDP is rooted by senior-level principals committed to delivering extraordinary value and service through innovative thought leadership, effective market positioning, conservative risk management, and hands-on project management. For further information, visit www.kaizendp.com.
Founded in 2001, IC3, LLC was formed to provide a variety of real estate and strategic planning services to institutional, corporate, municipal and investment clients. Headquartered in Dallas, Texas, IC3, LLC has been engaged by a wide variety of office, industrial, retail, and investment clients ranging from Fortune 500 to local and regional entities. Our real estate teamhas in excess of 75 years combined experience in corporate real estate brokerage, architecture, land planning and development of commercial real estate. This diverse and comprehensive background allows IC3, LLC to bring unique insight to each assignment—uniqueness that translates directly into value added service. We advise companies on their strategic requirements to help reduce overhead and improve their bottom line.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $145 billion. At the end of the third quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of over 80,000. As of September 30, 2017, LaSalle Investment Management had $59.0 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
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SOURCE Allen Economic Development Corporation
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