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AllianceTexas Scoops Up Another Mega-Tenant

American Specialty Health leased approximately 164,000 square feet of class-A office space in Heritage Commons IV, which provides the unique ability to be fully operational from day one when it moves in next month.

Heritage Commons IV ASH leased approximately 164,000 square feet of class-A office space in Heritage Commons IV.

DALLAS—American Specialty Health is one of the newest tenants to take up residence at AllianceTexas, the 26,000-acre master-planned community developed by Hillwood. ASH leased approximately 164,000 square feet of class-A office space in Heritage Commons IV from building owner Griffin Capital Essential Asset REIT.

“Heritage Commons IV offers best-in-class, on-site and surrounding amenities, and we are proud American Specialty Health will call our building home,” said Michael Escalante, CEO of GCEAR. “Thanks to the efforts of our partner Hillwood, combined with our ability to quickly execute a re-tenanting strategy, we were able to find a customer for the building, thereby ensuring consistent performance from that property for our REIT investors.”

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Lisa Brown

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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