Residence opens new leasing office

The leasing office for the GrandMarc at Westberry Place is the first business to move in to it’s new home at 2855 West Bowie Street.Johanna Janovsky, business manager for the GrandMarc, said staff members have given about 50 tours to prospective tenants since arriving last week.

Currently, three apartments are available to tour, including the fully-furnished apartment No. 206, which costs about $820 a month, said Josh Austin, 23, a leasing consultant at the GrandMarc.

Phoenix Property Company is the Dallas real estate company that developed GrandMarc at Westberry Place.

Jason Runnels, executive vice president and principal of Phoenix Property Company, said the $50 million complex is on-time and on-budget for its August opening.

Runnels said that because of city zoning ordinances, 30,000 square feet of the GrandMarc will be designated as commercial space. Runnels said coffee, ice-cream and sandwich shops, as well as a national bank and a “quick-serve Mexican restaurant” will occupy the retail portion of the building. Perrotti’s Pizza will also lease at the GrandMarc.

Both Janovsky and Runnels said all businesses are expected to be open before early August before tenants begin to occupy their apartments.

Elizabeth Denton, a freshman advertising/ public relations major, said she and about 40 other sorority members are moving into the GrandMarc on the same floor.

“It’s a little expensive but you have to take into consideration that it’s fully-furnished and all bills are paid except for electricity,” Denton said.

Denton said she chose to lease at the GrandMarc instead of other TCU-area apartments mainly because of the convenient location.

“It’s a nice transition between the dorm and (off-campus living),” Denton said.

Janovsky said GrandMarc’s leasing office will host a May 3rd grand opening in order to get students interested in leasing at the GrandMarc.

In addition to passing out fliers and weekly advertisements in the TCU Daily Skiff, Janovsky said, the GrandMarc also sent out mass e-mails to TCU students in order to find prospective tenants.

Janovsky added that about 30 percent of the 644 beds have been leased.