VARI PURCHASES FORMER ZALES HEADQUARTERS IN LAS COLINAS

424,000-Square-Foot Building to be Reimagined as VARISPACE™ Las Colinas - An Active Workspace Environment

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COPPELL, Texas, Jan. 8, 2019 - VARI®, a leader in workplace furniture solutions that increase health, happiness, and productivity, has purchased the former Zales headquarters. The 424,000-square-foot, three-story Class A building is located at 901 W. Walnut Hill Lane on the southeast corner of W. John Carpenter Freeway and MacArthur Boulevard in the Las Colinas Office Center submarket.

The new office concept will open in summer 2019 as VARISPACE Las Colinas.

"At VARI, we help businesses reimagine the office and create adaptable, active workspaces," said Jason McCann, co-founder and CEO of VARI. "We see many possibilities for VARISPACE Las Colinas, as we explore how it could be repositioned."

The building, built in 1983, sits on 15.22 acres. It has a four-level parking garage as well as a full fitness center, a large cafeteria, and conference facilities. The floor plan configuration is highly efficient, making it easily adaptable for single or multi-tenant use.

Johnny Johnson and Chris Taylor, executive managing directors at Cushman & Wakefield, are working with VARI to assist with the redevelopment and perform the lease-up.

Corgan is the architect and interior designer on the project to reposition the building. The design will activate the entry plaza, promote connectivity to the outdoors, and modernize the space with Class A amenities to support today's workforce.

"With all the companies moving to the Irving/Las Colinas area, this will be a great new option for start-ups and fast-growing companies who want a more modern, flexible office environment with amazing amenities," said McCann.

About VARI

VARI launched its trademark height-adjustable standing desk solution to promote a healthier and more productive workspace. Today, VARI is the world's leading active workspace innovation company, creating a full line of office furniture and accessories that add activity and movement to the space. VARI has shipped products to more than 130 countries and it is used in 98 percent of Fortune 500 companies. Most VARIDESK products are in-stock and ready to ship within 24 hours, making it one of the quickest and easiest ways to transform your workspace.