Why Quest Resource needed a new DFW corporate headquarters
Candace Carlisle | email@example.com | Dallas Business Journal
Fast-growing Quest Resource Management Group LLC, a subsidiary of Quest Resource Holding Corp. (NASDAQ: QRHC), was running out of space at its Frisco headquarters, which is why it needed a new build-to-suit corporate office.
“I consider myself a person who can see opportunity a few steps before someone else and has the competitiveness and the drive to go out and try it,” Quest CEO and President Brian Dick recently told my colleague Nicholas Sakelaris. “That’s a core philosophy of mine.”
In February, Quest Resource Management was a $180 million company with 120 employees that recycles products from 20,000 locations. The new headquarters will help Dick further the company’s goal of expanding its business.
“Like anything else, you do something well and word starts to spread and we continue to expand our business,” he said.
Construction is already underway on the single-story, 36,000-square-foot headquarters at Plano Parkway and Destination Drive at Austin Ranch in The Colony. Dallas-based Billingsley Co. is the developer of the project.
This would move Quest Resource’s corporate office to The Colony from Frisco adjacent to Toyota Stadium.
Dick was sold on Austin Ranch’s location based on its proximity to the Nebraska Furniture Mart-anchored Grandscape on State Highway 121, which gives employees easy access to the new corporate office.
Quest’s new headquarters is one of three office buildings at Austin Ranch, which Billingsley Co. has named Old Oak Pond. Sanyo Energy U.S.A. Corp. decided to expand and relocate its growing headquarters to the site last fall.
Steve Wentz of Cushman & Wakefield of Texas Inc. represented Quest in the company’s real estate search. Marijke Lantz of Billingsley Co. represented the landlord in the deal.
“This is truly a hot spot for development in DFW and this location was a great fit for Quest to boost their corporate image and a great space for future growth, said Wentz, a director at the real estate brokerage.
The work is slated for completion in September. The new building is expandable and can grow with Quest’s business plans, which has experienced tremendous growth since its inception in 2007.