Whoa, hold the presses. I was given some incorrect information earlier today and really need to clarify. Prudential’s Turtle Creek office has indeed moved, but it was no way a sneaky deal. Turns out the shopping center at 2 Turtle Creek Village recently went into foreclosure, giving the office a chance to break free from a lease that had been signed during the boom. It was a move that had been under consideration for over two years. The office had a meeting one month ago to discuss where they wanted to move, and everyone provided input on the ideal place. Prudential Texas Properties has 8 offices around the Metroplex, and most of the agents decided to office at the Greenville Ave. office in the interim. (Some agents are officing from home.)
“We even provided the moving boxes to the agents,” says my source, “we didn’t have to get out because of the foreclosure, but we had the opportunity to get out of a pricey lease that was signed at height of the market.”
Well, that’s better. But the security guard was very dramatic about the move last week — “they snuck out of here middle of night” he told me, and offered no information on the new Greenville office at 3404 Greenville. Guess we’ll have to get him to start reading this blog.