At Ross Tower, one law firm has found a home for its first Dallas office; another has doubled its footprint; and two others have relocated or plan to relocate within the city.
The granite and glass building has nearly 60,000 square feet in fresh leases between Steptoe & Johnson, Kessler Collins, Godwin & Bowman, and McGinnis Lochridge.
HPI Real Estate Services & Investments’ Dallas Partner Hunter Lee, Vice President Ben Cuzen and Leasing Agent Luke Aviles represented the landlord in lease negotiations for each deal.
Cuzen pointed to the building’s location and ample parking as determinants driving recent activity at Ross Tower.
“It’s a culmination of what’s been brewing for the last couple of years in downtown: There is a flight to quality as companies head back to the office,” said Cuzen.
National law firm Steptoe & Johnson has tapped the 1.1 million-square-foot building for its first Dallas outpost. Lesa French and Ric Kanatzer of Savills represented the firm in its space spanning 14,300 square feet on the 32nd floor.
Kessler Collins, which specializes in commercial transactions and litigation, shifted from 2100 McKinney in April, taking down 13,745 square feet. Transwestern’s Sanders Thompson and Billy Gannon represented the tenant.
Planning to relocate from Renaissance Tower in 2023 is local legacy firm Godwin Bowman. The mid-sized trial and appellate firm plans to office in more than 24,000 square feet. Ryan Hoopes and Tom Sutherland of Cushman & Wakefield represented Godwin Bowman.
McGinnis Lochridge has doubled its footprint to more than 7,000 square feet.
The momentum at Ross Tower can also be attributed to the building’s renovation, which was completed in 2018. Tenants can avoid construction delays while also getting a refreshed space.
“Some companies may have been in the same office for 10 to 15 years, and it has gone a little bit stale. From a job recruitment and an overall employee satisfaction standpoint, a lot of the feedback we’re getting is that they want to be in a new space,” said Cuzen.
The conversion of 2 million square feet of office space into residential units has also contributed to the groundswell.
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