Canada-based Software Firm Moving U.S. Headquarters to Downtown Dallas

A Canada-based software firm is relocating its U.S. headquarters to downtown Dallas.Lone Wolf Real Estate Technologies is an almost 30-year-old real estate software and technology company that is based in a suburb of Toronto. Its U.S. office has been in Las Vegas.The company serves 10,000 real estate company clients throughout North American.Lone Wolf is leasing 25,000 square feet in downtown Dallas' 717 Harwood office tower where it plans to relocate its U.S. headquarters, according to filings with Dallas' Economic Development Committee. The company plans to have 150 jobs in the new location.Lone Wolf is asking Dallas for a $150,000 economic development grant to set up the new office."This building can accommodate the future growth potential for the company which anticipates potentially leasing up to 100,000 square feet over time," according to the economic development committee report. "Also, the downtown location offers a favorable ability to attract technology workers in specialties of information technology, software engineering and systems architecture, along with other related fields."Lone Wolf has also applied for a grant from the state's Texas Enterprise Fund.If the deal is approved as expected, Lone Wolf would join other high-tech firms in the 717 Harwood tower - formerly known as KPMG Center.Austin-based World Class Capital bought the 34-story tower three years ago and is spending more than $80 million to renovate the skyscraper - built in the 1980s as the Diamond Shamrock Tower.Two California firms - Omnitracs and Active Network - relocated offices with about 1,800 workers to the tower.Vista Equity Partners, an investment firm with offices in San Francisco and Austin, is an equity partner with World Class Capital.Vista Equity Partners in 2015 became a major equity investor in Lone Wolf Real Estate Technologies with a goal of expanding its operations.  Continue reading...

Copyright The Dallas Morning News
Contact Us