DALLAS, Feb. 24, 2017 – After a thorough search, Brinker International, Inc. has selected Cypress Waters as the home for its new Restaurant Support Center. The leading casual dining restaurant company behind Chili’s® Grill & Bar and Maggiano’s Little Italy® will occupy a 216,300-square-foot, four-story, custom build-to-suit building that will sit along North Lake within the development’s centerpiece, called The Sound.
“Our move to Cypress Waters allows us to build and custom design a new campus that provides an inspiring and collaborative environment for our BrinkerHeads,” said Wyman Roberts, chief executive officer and president of Brinker.
Cushman & Wakefield’s Rick Hughes, Executive Managing Director, Maureen Kelly Cooper, Senior Managing Director, and Robbie Baty, Senior Director, represented Brinker International.
Brinker has occupied space in a four-building complex along LBJ Freeway in Dallas since the 1980s. A top priority was finding an opportunity that would provide the right environment for Team Members, Hughes said. “Brinker is known for its amazing culture,” he said. “It sought a location that would provide a campus feel to promote and support the close-knit camaraderie of its Team Members.”
Cushman & Wakefield led a comprehensive search that extended from the northern suburbs to downtown Dallas and westward along LBJ Freeway. Cypress Waters stood out for its deep base of amenities. Along with a wide variety of restaurants, outdoor features include hiking and biking trails, parks, and a lakefront amphitheater and piazza, where Brinker can host company events. The company will be the first to have a waterside office within The Sound.
The move will support teamwork, as the company will go from occupying four separate buildings to having all BrinkerHeads under one roof. It also will allow Brinker to maintain its headquarters in Dallas, where it has been based since its first Chili’s restaurant opened on Greenville Avenue in 1975. More than 500 Team Members will relocate to the new headquarters, which will include a state-of-the-art test kitchen, when it’s completed in late 2018 or early 2019.
The Sound will serve as the town center for Cypress Waters, said Lucy Burns, Partner at Billingsley Company. “When we were planning the area, we knew the unique nature of having so many amenities right on the water’s edge was going to be appealing to many companies, so having a global brand with a rich Dallas history like Brinker is a perfect fit.”
Brinker will join the ranks of companies like 7-Eleven, CoreLogic, OneSource, Toyota Finance, and BT Americas, who already call Cypress Waters home. “We have had unprecedented interest in Cypress Waters” said Marijke Lantz, Senior Vice President of Investments and Build to Suits at Billingsley Company. “This particular building will not only have amazing lake views, but also prime visibility from Olympus Road, which will eventually become a major thoroughfare connecting Belt Line Road to LBJ Freeway.”
Strong interest in The Sound has spurred the developer to begin construction on a speculative building next to the new Brinker headquarters. “By 2018, The Sound will be a bustling community of retail, office, and multifamily,” Lantz said
About Brinker International
Brinker International is one of the world’s leading casual dining restaurant companies. With more than 1,600 restaurants and over 100,000 Team Members in 31 countries and two territories, we welcome more than one million Guests into Chili’s® Grill & Bar and Maggiano’s Little Italy® restaurants every day. Our Team Members represent a broad range of cultures, each bringing their own experiences, ideas and insights to our table. We’re driven by integrity, teamwork and passion – plus an unwavering commitment for every Guest to have an exceptional dining experience when visiting our brands. To learn more, visit wwww.brinker.com.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 43,000 employees in more than 60 countries help investors and occupiers optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
About Billingsley Company
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, the organization expertly builds, owns, and manages its properties, ensuring long-term client, resident and partner return. Specializing in master-planned developments and principles of new urbanism, each Billingsley property signifies technology, convenience and a vast array of amenities aimed to attract and retain tenants, residents, visitors and employees. These amenities include art, sculpture, parks, trails and outdoor public spaces. 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.