Billingsley Brings Wingspan into Gramercy South in Record Time

March 13, 2012 - PRLog -- (DALLAS, Texas) March 13, 2012 — Billingsley Company today announced that Wingspan Portfolio Advisors, LLC is the newest tenant of its Gramercy Center South office building. Wingspan, an award-winning diversified servicing company, is leasing the entire building, which totals nearly 135,000 square feet.

The move into 18451 N. Dallas Parkway was accomplished in short order. When Wingspan had a client contract that required 500 people to be up and running in a new office immediately, Billingsley negotiated the deal and executed the lease in just eight business days.

“We pride ourselves on being able to suit every client’s needs, even when there’s a major deadline involved,” said company partner Lucy Burns. “Thanks to our strong existing relationships with JLL and Peloton, which made the brokering and transition smooth, we set a record with our eight day deadline so our clients could enjoy their new space.”

Brooke Armstrong at Jones Lang LaSalle and T.D. Briggs at Peloton Commercial Real Estate brokered the deal.

Billingsley acquired the building in northwest Dallas along with Gramercy Center North in July 2011. The conveniently located, high grade properties total 250,000 square feet, with energy conserving designs, ample parking, prime security, and lab and data center space. The pair of buildings was previously called Landmark I and II before Billingsley rebranded them as Gramercy Center North and South.

The two-story class A office buildings, which are visible from the Dallas North Tollway, are ideal for tenants requiring efficiency and access. Gramercy South is surrounded by 11.3 acres of land.

“We appreciate that Billingsley understood our tight deadline. Our business is all about service, and it’s clear that Billingsley is dedicated to the same. Our demand involved a short deadline that required some careful maneuvering, and we’re thrilled to be able to move into such a great space that fits our requirements,” said Steven Horne, CEO and president of Wingspan.

Wingspan Portfolio Advisors is an award-winning diversified servicing company that meets the needs of banks, investors, mortgage insurers, and real estate agents throughout the U.S. The 1,700-employee company applies advanced servicing techniques to assist the mortgage industry in every aspect of delinquent loan servicing. For more information, please visit www.WingspanPortfolioAdvisors.com.

“We value our long-standing business relationship with Wingspan and are honored whenever we have a chance to work with such a respected company,” said Burns.



About Billingsley Company

With offices both in Carrollton and downtown Dallas, Billingsley Company delivers unique insight and expertise to the art and science of commercial and residential real estate development. Founded in 1978 by Lucy and Henry Billingsley, Billingsley co-owns, designs, finances, leases and manages their properties for the future success of their investments and the success of their tenants.

Combining their relationships in the local market with their expertise in development, Billingsley Company provides expanded opportunities for their business partners. From raw land to fully developed communities, they are engaged in each step of the process. Delivering smart design integrated with artistic works and natural spaces, Billingsley Company’s developments are life-
enhancing communities in which to work, live, play, shop and dine. For further information, visit www.billingsleyco.com.