Texas Stock Exchange Leases Temporary Digs at Weir’s Plaza While It Searches for Dallas Home
Share News:
Looking to sink its roots in Dallas by mid-2026, the Texas Stock Exchange (TXSE) has ambitious plans to deliver a bustling new Texas Market Center — or Y’all Street as it’s been called. While it looks for a permanent location to set up operations, the TXSE found itself some temporary office space in the bustling Knox-Henderson neighborhood.
America’s future financial hub has decided to lease with Weir’s Plaza at 3219 Knox St., just a block away from Highland Park’s southeast border, the Dallas Morning News reported earlier this month.
What is the Texas Stock Exchange?
TXSE is an ambitious new player in the U.S. financial sector, aiming to bring a uniquely Texas flair to Wall Street’s stock exchanges. Unlike the NASDAQ or NYSE, TXSE is focused on fostering investments and business growth within Texas and the broader Southwest region.
Dallas was chosen as TXSE’s home because of its central location, thriving business climate, and growing reputation as a destination for innovation and commerce. In his State of the City address, Mayor Eric Johnson noted that the Dallas economy is booming and this year achieved recognition as the No. 2 financial capital in America.
“If you know anything about me, you know that No. 1 better look out,” he said. “With the Texas Stock Exchange establishing its headquarters here, Dallas is well-positioned to become a powerhouse of finance and international trade.”
While it is unclear how much TXSE is paying, Knox Street is apparently one of the most expensive streets in the nation to lease office space on, the Dallas Business Journal reported in May. That shouldn’t be a problem for the exchange, considering investors have already put in more than $120 million to back the project.
Office leasing reps for Weir’s Plaza told CandysDirt.com that they were not authorized to comment on the specifics of the contract. For its part, TXSE did not respond to emailed questions by deadline.
From historic retail to high-end financial
Now a mixed-use development, the original two-story property was a mainstay of the neighborhood for several decades, serving as the longtime home to Weir’s Furniture’s flagship store. While it was never legally designated a landmark, the building’s iconic status lent itself to a $155 million redevelopment project that sought to capitalize on the neighborhood’s vibrancy and the historic charm of some of its long-standing businesses.
The Weir family teamed up with Four Rivers Capital and GFF Architects to blend the old masonry building with a 12-story addition. Comprising 12,500 square feet of retail and restaurant space, 250,000 square feet of Class AA office space, and an underground parking garage, Weir’s Plaza managed to pre-lease to a number of big-name tenants, including law firm Kirkland & Ellis and collaborative workspace innovator WeWork. When it opened in 2022, all of its space was reportedly on contract.
Fast forward a couple of years and the property has become one of the trendiest spots in the city for young professionals to have a business lunch or engage in some retail therapy, exemplifying the kind of development that has made Knox-Henderson a modern walkable neighborhood à la Dallas.
Now Weir’s Plaza can boast TXSE as a tenant, even if just for a short period of time.
TXSE hunts for permanent home in the ‘heart of Dallas’
TXSE has been open about setting its sights on accommodations in the Central Business District, where it will establish the Texas Market Center.
“The Texas Market Center will add to the vibrancy of Dallas’ thriving business community, and we believe it will drive further investment and corporate interest in the city and surrounding region,” said Texas Stock Exchange Group Inc. CEO James Lee, per WFAA.
Some developers see the exchange as a potential anchor for some downtown revitalization. As previously noted by CandysDirt.com, Mike Ablon (PegasusAblon) and Mike Hoque (Hoque Global) are reportedly looking to snag TXSE as a tenant following their planned acquisition of Bank of America Tower and its surrounding blocks. The pair of developers want to plant a new financial district in the city center, betting on a reversal of the remote work trend.
Once TXSE finds its new home, it plans on showcasing its listings’ quotation and trade-visibility services with a street-facing ticker. It also plans on launching a Texas Business Museum, a conference center, a broadcast center, and a venue for bell ringing to mark the start and end of the day’s trading.
