In the News

Coworking Firm Teams Up With Dallas Building Owner On Flexible Offices

The owners of a Far North Dallas office building have teamed up with coworking firm Common Desk to provide a new flexible workspace.

Triten Real Estate Partners is offering the new office center as part of renovations included at its Commons building at 15110 North Dallas Parkway.

The Houston-based real estate investor spent $4 million revamping the 90,000-square-foot building that was constructed in the 1980s.

Now the owner is working with Dallas-based shared office company Common Desk to provide its “HyperFlex” furnished speculative office suites.

The office suites are being offered to businesses that need short-term deals.

“We started getting feedback from the brokerage community that move-in ready space was in strong demand,” Ty Lee, principal at Triten, said in a statement. “Amidst all of the uncertainty from the pandemic, we knew there might be an opportunity to do something special to further differentiate The Commons.”

The building owner and Common Desk have already signed a one-year, 2,400-square-foot office suite deal with a Canadian firm.

“HyperFlex creates a perfect product-market fit by outfitting beautifully designed spec suites with boutique hotel-like decor and furniture packages while maintaining a competitive price per square foot to other traditional offerings,” Nick Clark, CEO of Common Desk, said in a statement. “Office space is not going anywhere, but the pandemic has changed the way it will be utilized.

“As additional flexible options deliver to the market, incredible turn-key design with justifiable pricing and a solid marketing plan will be key.”

Common Desk is one of Texas’ largest share office space providers, with multiple locations in the Dallas-Fort Worth area.

With the COVID-19 pandemic, co-working companies are scrambling to shift operations from open space, high-density designs to more private offices and personal spaces.

Triten bought The Commons office building at the northeast corner of the tollway and Belt Line Road in 2018.