Everything you wanted to know about the Urban Core, Uptown and Downtown Dallas, Texas & Dallas Ft. Worth Area Real Estate - Its growth, prosperity, setbacks and unprecedented revitalization is told here...Randall Turner of Harvard Companies, Inc 214-373-0007, 3500 Oak Lawn Avenue, Suite 325, Dallas, Texas 75219
Wednesday, January 27, 2016
Construction begins on multimillion-dollar redo of former Belo Building
Even though Thomas Hartland-Mackie has been leading City Electric Supply from Dallas for the past decade, the Orlando, Florida-based wholesale electric supply distributor had yet to have a formal headquarters.
That all changed when Hartland-Mackie, the company's CEO, acquired the 17-story former Belo Building at 400 S. Record St. in downtown Dallas in October 2014.
"I came to realize the gained benefits and efficiencies brought by bringing our centralized functions together," Hartland-Mackie told the Dallas Business Journal.
"We started looking for a larger location for our corporate headquarters in Dallas," he added. "A good friend (Grant Pruitt) at Cushman & Wakefield brought this to our attention and I was excited about the potential — not only in the building — but the immediate neighborhood around the Omni."
City Electric Supply currently has offices in Orlando, Boston, Charleston, South Carolina and Dallas. In the next 12 months, City Electric will move about 200 people (the majority relocating employees) within six floors of the 17-story office tower, which is the company's new headquarters.
Construction is underway on the major multimillion-dollar redevelopment of the tower, which is being marketed as 400 Record. Hartland-Mackie is hosting a ceremonial groundbreaking Tuesday to mark the occasion.