Mercedes-Benz Financial Services USA LLC is building a greater presence at AllianceTexas in North Fort Worth. Hillwood, along with Cushman & Wakefield helped secure the lease for the 200,000-square-foot build-to-suit facility for the automotive financial services provider.
On Dec. 13, Mercedes-Benz Financial Services officials said they have completed negotiations to lease a new, build-to-suit, 200,000 square-foot facility at AllianceTexas, that will serve as Mercedes-Benz Financial Services’ national business operations center. Approximately 900 direct and indirect jobs will be retained in Fort Worth as a result of the company’s decision to relocate to a new site near its current operations center, according to a company news release.
Construction is scheduled to begin in early 2018 and be completed in early 2019. BOKA Powell designed the new building. JLL Fort Worth Project and Development Services of Dallas will oversee the project including facilitation of the shell building, site development and interiors planning, and FF&E. SmithGroupJJR Dallas and Detroit Workplace Studios will provide programming, workplace strategy, interior architecture and design services and serve as architect of record for the interior.
“Our success has been rooted in our employees, nine out of ten of whom say that Mercedes-Benz Financial Services is a Great Place to Work. The only way to sustain our current success is through continuous improvement,” said Peter Zieringer, president and CEO of Mercedes-Benz Financial Services. “This project and a new, state-of-the-art operations center, will enable us to reshape the way we work, so that our environment matches the activities we do every day.”
The company has maintained a presence in Texas since 1991, and in 2007, it centralized operations from several locations throughout the U.S. to its current location at AllianceTexas.
“Hillwood and Mercedes-Benz Financial Services have been partners for more than a decade, and we’re proud that the company will continue to call AllianceTexas home,” said Mike Berry, president of Hillwood. “This new building will be tailored to meet the growing needs of Mercedes-Benz Financial Services employees, as well as help the company recruit top talent, by maintaining access to the convenience, connectivity and variety of amenities that AllianceTexas has to offer.”
Mercedes-Benz Financial Services is a leading captive, automotive financial services provider and a company of Daimler Financial Services Group, headquartered in Stuttgart, Germany. Its core business is to provide financial services and products for Daimler’s customers and dealers, while supporting the sales of Daimler vehicles, including Mercedes-Benz cars, SUVs and vans, as well as smart vehicles. Its Daimler Truck Financial division finances and insures Daimler Trucks North America commercial vehicles that include: Freightliner Trucks; Western Star Trucks; Thomas Built Buses; Sprinter; and FUSO brands.