News

DebtBlue Signs 30,291-SF Lease for Headquarters at Stanton Road Capital’s 1125 E. Campbell

Property Located in Richardson’s Tech Corridor Undergoing Significant Renovations

DALLAS, June 29, 2020 – DebtBlue, a national financial services debt settlement company, has signed a 30,291-square-foot (SF) lease for its new headquarters at 1125 E. Campbell, located in the Richardson submarket of Dallas. Stanton Road Capital, LLC (SRC), a Los Angeles-based investment management firm focused on direct commercial property investments, owns the building.

“DebtBlue is ready and excited to move to the Richardson area,” said Jeremy Hillin, COO of DebtBlue. “The state-of-the-art building, amenities and location will help attract and retain DebtBluers who are centrally located to this area. This relocation will be a key milestone to the future of DebtBlue.”

DebtBlue is expanding and relocating their headquarters from Addison to Richardson, growing from a 6,000 SF space to more than 30,000 SF. Following a thorough labor study which catalogued DebtBlue’s target employee demographic, the Richardson submarket was identified as the most strategic location for hiring purposes. The company expects to more than double in size within in the next three years.

“We’re very excited to have DebtBlue join us at 1125 E Campbell. Our goal from the outset of our acquisition was to physically reposition and invest in the property to attract forward-thinking and growing firms from within the Dallas market and beyond, and DebtBlue fits that profile,” said Tim Ronan, Jr., Founder and Managing Partner of SRC.

Previously known as Campbell Glen II, SRC acquired 1125 E. Campbell Road in April 2019. The building is currently finishing a complete overhaul to the lobby and common areas, as well as implementation of SRC’s tenant amenity package concept, The Outpost.

Designed to attract and retain high-quality corporate tenants, The Outpost includes a suite of on-demand offerings, such as a fully modernized fitness center, a 60-person training room, tenant lounge with Wi-Fi, fresh grab-and-go food and beverages, and outdoor communal and recreational spaces.

In addition to these amenities, SRC will be developing a structured parking garage to provide covered parking and an overall parking ratio in excess of 6/1,000 square feet. The building offers 50,000-square-foot floorplates and can accommodate leases up to 150,000 square feet.