Flexjet renews lease in Richardson

09/06/2011

By Matt Joyce, Staff Writer | Dallas Business Journal

Date: Wednesday, September 7, 2011, 1:11pm CDT
 
Flexjet has renewed its lease for 10 years at its Richardson headquarters, citing economics and employee satisfaction with the office at 3400 Waterview Parkway.
 

Flexjet, a fractional ownership company, is a subsidiary of Canadian plane manufacturer Bombardier Inc.

 

The company has seen slow and steady growth during the recovery of the fractional ownership and private jet travel industry, a spokesman said. In the first quarter, it saw a 64 percent increase in fractional shares over the first quarter of 2010.

 

Flexjet employs 306 employees at its headquarters and a total of 347 in the Dallas area.

 

Flexjet is reviewing options for a possible renovation of its headquarters, but there’s no schedule for a renovation, the spokesman said.

 

The company doesn’t have plans to create new positions in conjunction with the lease renewal, a spokesman said.

 

The company does have 10 openings in the Dallas area: dispatcher, manager finance, business analyst, financial analyst, accounts payable administrator, data architect, corp aircraft logistics manager, digital marketing communications specialist, product manager and flight coordinator.

 

Facing the end of its lease, Flexjet considered more than 15 buildings with its brokers, Will Sale and Jim Vanderslice of Grubb & Ellis, the Flexjet spokesman said. The company decided that its current location best fit its needs.

 
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