Digital Matrix Systems Signs Lease to Relocate Headquarters to Plano, Plans to Hire New Tech Talent
16 Apr 2020
Plano, TX — April 16, 2020 — CBRE announces that Digital Matrix Systems (DMS), an international risk management solution provider that helps clients leverage the power of data to make better-informed business decisions, is moving their corporate headquarters to Preston Park Towers West in Plano. The company leased 22,500 square feet, the entire seventh floor of the West Tower at 4975 Preston Park Blvd. The new space provides flexibility for future growth and a location that will help to recruit tech talent.
DMS made the decision to move from their current location in Addison to ensure that their space reflected their evolving company culture. The company put their employees at the center of their decision-making process, working with different business units and forming an employee committee to understand their employees’ specific wishes and needs for a new workplace.
The result of DMS’ due diligence and attention to detail offers several upgraded conveniences and amenities for their workforce. By picking a central location that is easily accessible from both the Dallas Tollway and the George Bush Turnpike, 80% of DMS’ employees will have a shortened commute. Employees will also have free covered parking, on-site dining and access to the building’s fitness center. In addition, DMS will receive exterior building signage.
“There’s a ton of energy and excitement right now among our employees,” said Jeff Miller, Chief Financial Officer of DMS. “We’re all thrilled about the new space and everyone feels like their voice was heard. As recruiting tech talent becomes a more competitive process, we’re incredibly proud that we have an average employee tenure of nine years at DMS. This first-class space puts us in a prime location to continue to hire and retain top-tier talent in North Texas.”
DMS is fully confident in their ability to operate within a changing business climate. They are currently hiring for three new positions, and look forward to continued growth.
“The way that DMS handled the real estate process is a fantastic testament to how they run their business,” said Mike Cleary, Senior Vice President, CBRE. “They understood that they needed to start early, do their due diligence, and really engage and listen to their employees. That process helped them to find the perfect space for their company.”
Perkins and Will has been selected as the architect that will incorporate DMS’ company culture and brand into their new headquarters at Preston Park West. DMS expects to occupy the space by the end of 2020.
Mr. Cleary, Mike Kay and Campbell Puckett with CBRE in Dallas represented DMS in site selection and lease negotiations while Campbell Henry and Chris Axley with Lincoln Property Company in Dallas represented the owner, TerraCap.
About Digital Matrix Systems, Inc.
Founded in 1982, DMS is an international risk management solution provider that helps clients leverage the power of data to make better-informed business decisions. Through an integrated product suite, DMS delivers secure access to consumer and commercial credit bureaus, as well as specialty data providers. As a reliable partner, DMS helps leading companies predict and manage risk in a variety of industries, including financial services, insurance, and brokerage services. The company provides data warehousing, advanced analytics, scoring models, and comprehensive consulting services, delivering strategic solutions tailored to each client’s business goals. For more information, visit www.dms.net.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.