US Risk Insurance Group Moving HQ Location
4 Apr, 2012, Dallas
U.S. Risk Insurance Group, Inc, a specialty lines underwriting manager and wholesale broker headquartered in Dallas, Texas, has leased approximately 41,800 square feet of office space in One Lincoln Park, located at 8401 North Central Expressway in Dallas. Bill McClung, Mike Wyatt, Robbie Baty and Grant Pruitt from Cushman & Wakefield of Texas, Inc. represented U.S. Risk in the site selection and lease negotiations. Chris Axley and Elliot Prieur of Lincoln Property Company represented the landlord, Lincoln Park Partnership.
U.S. Risk will relocate approximately 130 employees from its current Dallas headquarters location at 10210 North Central Expressway during the third quarter of this year. The new long term lease includes the full 10th and partial 9th floors, and offers U.S. Risk top-of-building signage at One Lincoln Park.
"This marks the conclusion of a thorough and exhaustive search for new accommodations, and we are delighted with the outcome," said Mac Wesson, President and Chief Operating Officer of U.S. Risk Insurance Group, Inc. "Through continued improvements in automation and technology we were actually able to downsize our operational footprint but enhance our capabilities and client services. One Lincoln Park is a prestigious location and we are very pleased we will be relocating our corporate headquarters there. Cushman & Wakefield did an outstanding job of guiding us through the process."
"Current market conditions afforded U.S. Risk a higher quality asset with increased efficiencies, allowing for a reduction in overall office size," said Mr. McClung.