Point of Rental Software has acquired a new home for its North American headquarters, less than four miles from the company’s current HQ. The company is expected to move into the 35,000-square-foot building sometime this summer, Point of Rental said in a news release.
The company is relocating up Highway 360 to 14401 Statler Blvd. in Fort Worth, a building that can accommodate the company’s projected growth while providing opportunities to develop a unique space that fits Point of Rental’s culture, the release said.
Point of Rental Software has tripled its worldwide staff in the last three years, adding offices in the U.K. and Australia.
With more than 100 employees in the Dallas-Fort Worth office, the company has run out of space in what has been its headquarters for the past 13 years. The company has 5,000-plus worldwide customers.
“As rental companies continue to trust us to provide the software and excellent service their business needs, we’re growing to meet that demand,” said Point of Rental CEO Wayne Harris.
“We’re excited for the extra space to grow, and the location directly across from the TRE station with direct access to downtown Fort Worth and downtown Dallas enhances our ability to draw the best talent from across the entire Metroplex,” Harris. Said.
The building sale closed April 30. Charlie Beck and Cribb Altman of Cushman & Wakefield represented Point of Rental in the property search and purchase, while Sam Franklin of Peak CRE represented the seller, Corporate Statler LTD.
“Point of Rental values their employees and family office culture,” Beck said. “The client needed to secure a new location that would not disrupt their employees’ commute, offered the opportunity to continue to scale the business over time, and created a unique environment that advances the company brand and employee engagement.”
Point of Rental Software provides scalable rental and inventory management software to more than 5,000 business locations of all sizes and industries and has offices in the U.S., UK, Australia, and South Africa, the company said.