Press Release – Worth & Associates Renews and Expands Lease to TaskUs in New Braunfels

Outsourced Digital Services Firm TaskUs Solidifies its Commitment to Doing Business in New

SAN ANTONIO—October 19, 2021. Worth & Associates, San Antonio’s premier commercial real estate developer, today announced it has renewed and expanded its lease agreement with outsourced digital services and next-generation customer experience provider TaskUs to lease space in Worth’s Heritage Plaza business park at 1650 Independence Drive in New Braunfels. The TaskUs headquarters now occupies over 80,000 square feet in the project. 

“We are very pleased with this lease because it continues the close, mutually rewarding relationship we have had with TaskUs for the past three years,” said Worth & Associates President of Development and Brokerage Clint Worth. “TaskUs is an exciting, innovative company serving numerous fast-growing business sectors — exactly the kind of quality business we have in mind when we plan our developments.”

“We began leasing space in Heritage Plaza in 2018 and chose this site because of its excellent location right off the IH-35 corridor, outstanding amenities and the availability of the type of space we wanted for our employees and our business,” said TaskUs Senior Vice President of Operations Hemi Sehgal. “Worth & Associates have been great to work with in all respects.”

Wills Bauer and Randy Cooper of Stream Realty Partners represented TaskUs and Shawn Gulley with Worth & Associates represented the Landlord in the lease negotiations.

TaskUs will modify its third-floor Heritage Plaza space to include amenities such as a gaming lounge, complete with ping-pong table, pool table and video games; meditation room and lounge area to provide quiet spaces where employees can relax and refresh; and a break room with food options such as mini-markets, food vendors and food trucks on-site.

Heritage Plaza is a three-story, 105,000-square foot class A office building located at the corner of Loop 337 and Highway 46 in the vibrant northwest area of New Braunfels. Worth originally developed the property as a build-to-suit for The Scooter Store and continues to lease and manage it. Heritage Plaza is near numerous retail stores, restaurants, recreational outlets and hotels, and offers quick access to all areas of New Braunfels, as well as to IH-35. Only 17 miles northeast of San Antonio and 50 miles southwest of Austin, Heritage Plaza businesses can easily take advantage of the larger amenities the two cities have to offer, while enjoying the comfortable lifestyle of New Braunfels.

Heritage Plaza is one of two projects totaling 192,109 square feet Worth has developed in New Braunfels. The other, Heritage Business Center, is a one-story, 87,109-square foot office building. Both buildings are now 100% leased. This past summer, Worth leased spaces in Heritage Business Center to four businesses — TriHydro Corporation, Pak Medical Group, Christus Santa Rosa Health System and Cantex Continuing Care Network.

“We have been bullish on New Braunfels for some time now,” said Worth. “It is an increasingly ideal spot to do business, and our company intends to provide the space growing, forward-thinking companies like TaskUs need to take full advantage of all this Hill Country gem has to offer.”

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About Worth & Associates

Worth & Associates is a locally owned San Antonio commercial real estate development, investment and brokerage firm that operates exclusively in South Texas.  With a stable portfolio of more than 3 million square feet of commercial real estate properties owned and managed internally, Worth & Associates exceeds clients’ expectations by offering exceptional customer service, with a focus on developing flexible, highly efficient buildings and space plans designed to meet tenants’ long-term business needs. For more information, visit http://www.worthsa.com.

About TaskUs

TaskUs (NASDAQ: TASK) is a provider of outsourced digital services and next-generation customer experience to innovative and disruptive technology companies, helping its clients represent, protect and grow their brands. Leveraging a cloud-based infrastructure, TaskUs serves clients in the fastest-growing sectors, including social media, e-commerce, gaming, streaming media, food delivery and ridesharing, Hi-Tech, FinTech and Health-Tech. As of June 30, 2021, TaskUs had approximately 31,500 employees across twenty locations in the United States, the Philippines, India, Mexico, Taiwan, Greece, Ireland and Colombia.

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