Vari Announces New Leases and Tenants for VariSpace Las Colinas

With the announcement, the innovative model will service more North Texas companies.

Vari; Real Estate; Life Sciences
VariSpace Las Colinas. Photo courtesy of Katie Satarino and Vari.

On Tuesday, Vari and Cushman & Wakefield announced three leases for VariSpace Las Colinas, a Class A multi-tenant workspace in Irving. The space-as-a-service model will house three leases totaling 128,000 square feet. VariSpace has additional locations at VariSpace Southlake and VariSpace Coppell.

The campus is a whopping 312,000 square feet of rentable space designed for flexible solutions for tenants to design. VariSpace Las Colinas is fitted with products by Vari, such as movable walls, standing desks, conference tables, seating, and much more to allow for complete customization of the workspace by tenants. VariSpace Las Colinas has two spaces currency available for lease at 37,000 square feet.

Cushman & Wakefield ($CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 50,000 employees in over 400 offices in 60 countries. In 2020, the firm had revenue of $7.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation, and other services.

VariSpace Las Colinas' New Tenants

The new tenants of VariSpace Las Colinas include CAE, Caris Life Sciences, and a yet-to-be-named educational organization.

CAE is a high technology company providing solutions to make the world safer through its work in civil aviation, defense & security, and healthcare. Their vision is to be an innovator of choice in civil aviation, defense and security, and healthcare by revolutionizing customer training and critical operations with digitally immersive solutions to elevate safety, efficiency, and readiness.

Caris Life Sciences is a company where molecular science meets artificial intelligence to revolutionize cancer care. Founded in 2008, Caris Life Sciences is on a mission to help patients, clinicians, researchers, and payors navigate, advance, and reinvent cancer care. Their unique combination of expertise, proprietary technologies, clinical testing capabilities, and extensive library of clinical data enables them to advance precision medicine.

"We exist to save the lives of cancer patients… Caris Life Sciences was founded with a very simple but powerful purpose, to help improve the lives of as many people as possible," David D. Halbert, chairman, founder, and CEO at Caris Life Sciences, said. "With transformative technologies, we are revolutionizing precision medicine to provide physicians and patients with the highest quality information about their health. Through tireless efforts, breakthrough molecular science, and a passionate commitment to quality, we remain steadfastly focused on the most important part of our work - the patient."

Why VariSpace?

The innovator behind the famous standing desk, VariDesk, transitioned to Vari in early 2020 to expand its offerings outside of just the revolutionary standing desks, following the launch of VariSpace in 2019. With the transition to Vari, an astounding 98% of Fortune 500 companies use its products.

"We are seeing more companies prioritize creative use of space as more people return to the office," Johnny Johnson, executive managing director at Cushman & Wakefield, said. "VariSpace offers modern office amenities along with the flexibility to reconfigure spaces as needed. It's an ideal environment for tenants who desire scalability."

In January, Vari celebrated the construction midpoint of its third VariSpace location in DFW, VariSpace Coppell. VariSpace Coppell is scheduled to open in Summer 2022 after breaking ground in June 2021 and will serve as its U.S. headquarters.

"Vari worked with tens of thousands of companies to create workspaces that attract and retain the people they need to grow their businesses, and we're bringing that expertise to buildings and tenants to redefine the future of office space," Jason McCann, CEO and co-founder of Vari, said.


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