By Steve Brown

The new owners of a North Dallas high-rise office campus have signed a major tenant for the buildings.

California investor Stanton Road Capital last year purchased the two Element office towers on LBJ Freeway. The 670,000-square-foot silver glass high-rises are home to companies including golf course operator ClubCorp, now known as Invited.

Engineering firm Criado & Associates is moving its corporate headquarters to the property from Spring Valley Road in Farmers Branch. The firm is taking 16,000 square feet of space.

“Criado was looking for the right location to accommodate our office needs to include securing our fleet vehicles,” president Cristina Criado said in a statement.

Tristan Stalker and John Beach of Newmark Group negotiated the new lease with Jones Lang LaSalle’s Russ Johnson and Kade Davis.

The 15-story and 17-story Element towers were built in the 1980s and have recently been upgraded with improvements to the fitness center, café, and newly renovated lobbies and elevators.

The buildings are almost 70% leased.

“We’re pleased Criado saw the value in the investments we’ve made in Element Towers,” said Stanton Road Capital founder and managing partner Tim Ronan Jr. in a statement. “We feel that it’s one of the premier properties in the area and Criado represents the type of valuable tenants we’re looking to attract.”

Criado & Associates clients include the Texas Department of Transportation, DFW International Airport, DART, and Dallas Water Utilities and Public Works.

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