Tuesday, June 24, 2008

MHBT Expanding Along N. Central

A high-profile Central Expressway office tower will get a new insurance company as lead tenant, plugging a big hole being created by the partial exit of another insurer.

Fast-growing insurance and risk management firm McQueary Henry Bowles Troy LLP will take at least 65,000 square feet in Walnut Glen Tower, better known as the AIG building, after American International Group moves the bulk of its operations to Plaza of the Americas in downtown Dallas.

McQueary Henry Bowles Troy will take occupancy in June 2009, and the MHBT letters will replace fellow insurer AIG's atop the triangle-shaped building at 8144 Walnut Lane. The company will take all of the 16th, 17th and 18th floors and part of the 15th in the 18-story building.

The rapid growth of MHBT, the opportunity for signage and the building's Dallas Area Rapid Transit access is prompting MHBT's move from 55,000 square feet at 12700 Park Central Drive