MVA’s Commercial Real Estate Group Represents TTX in New Headquarters Negotiations
Moore & Van Allen’s (MVA) Commercial Real Estate Group represented TTX in the recent new headquarters space relocation negotiations. Commercial Real Estate Member Richard Simons advised TTX on their lease, for just under 70,000 square feet of office space at the mixed-use development known as The Line located in South End, which will serve as TTX’s new headquarters in their relocation from Chicago next year. Additionally, Head of Commercial Real Estate Evan Bass, Litigation Member Scott Tyler, Head of Environmental Mary Katherine Stukes, and Environmental Counsel Laura Truesdale advised during the relocation negotiations.
TTX Company is a leading provider of railcars and related freight car management services to the North American rail industry. TTX’s pool of railcars – over 170,000 cars strong – is ideal for supporting shippers in the intermodal, automotive, paper & forest, metals, machinery, wind energy and other markets where flatcars, boxcars and gondolas are required. Owned by North America’s leading railroads, TTX’s free-running pools provide fungible assets that minimize total empty miles, further lowering costs and minimizing risk for the industry, helping the railroads conserve their capital for other critical infrastructure needs. Customers easily recognize TTX’s bright yellow cars as a consistent, high quality, well-maintained fleet that serves many transportation needs.
Read more at: https://www.ttx.com/wp-content/uploads/2023/07/Move-Press-Release.pdf