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Credit Union takes new office in Las Colinas, creating 300 local jobs

Virginia-based PenFed Credit Union has signed a 30,000-square-foot lease in Las Colinas, where it plans to hire up to 300 people.

The company is leasing the entire fifth floor at Las Colinas Highlands, a seven-story, 200,000-square-foot office building. Located at 6191 N. State Highway 161, the building features large conference and training room space, a fully-equipped fitness center with locker rooms, and grab-and-go food service. The lobby underwent a complete renovation in 2020. Sara Fredericks with Newmark represented PenFed while Kristi Waddell of Cawley Partners represented the landlord.

“PenFed is expanding our mortgage origination and servicing businesses in Texas, and we’re eager to hire up to 300 new originations and servicing team members in Irving,” said Lee Wardlow, PenFed’s senior vice president of Mortgage Servicing, in a prepared statement. “LCH ... will create an outstanding work environment for PenFed’s growing team of mortgage professionals.”

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