Dallas Business Journal
Real estate investor Compatriot Capital to nearly double office size
It’s leased full floor in Preston Center tower
By Noor Adatia – Staff Writer, Dallas Business Journal
December 9, 2024
Dallas-based Compatriot Capital Inc. plans to move its office down the street to The Douglas, a 13-story boutique office tower within the coveted Preston Center. The real estate investment firm — a subsidiary of Dallas-based Sammons Enterprises, which has more than $120 billion in assets — signed a long-term lease for a full floor of the building owned by Granite Properties Inc., according to a Dec. 9 announcement. Compatriot plans to move into the 13,000-square-foot office space in mid 2025, when it will depart from its current office a short walk away on Sherry Lane. The new office will be nearly twice the size of its current space in Sterling Plaza.