|The McKinney & Olive tower |
will open in 2016.
Wednesday, July 16, 2014
Downtown lawfirm Sidley Austin completes new Uptown office lease
Lawfirm Sidley Austin LLP has finally committed to taking a large block of office space in the new McKinney & Olive office tower which is under construction in Dallas’ Uptown district.
Developer Crescent Real Estate Holdings said Wednesday that the downtown lawfirm has rented two and a half floors at the top of the new 20-story office tower.
Sidley Austin has been negotiating the office lease for several months and said it planned to move to the building when it opened.
The firm has rented two and a half floors of temporary space at the nearby Trammell Crow Center on Ross Avenue. The company will relocate 100 people to the McKinney & Olive building when it opens in two years.
Sidley Austin has hired Gensler to design its new space.
“We want our space to meet all our goals and objectives and to look great on day one, but we also must have the ability to adapt and change over time as our business model and/or staffing needs change,” Yvette Ostolaza, managing partner of Sidley’s Dallas office, said in a statement.
Randy Cooper and Craig Wilson of Cassidy Turley negotiated the lease for Sidley Austin with Crescent’s John Zogg.
Pelli Clarke Pelli Architects is doing the entire project.
Along with Sidley Austin, lawfirm Gardere Wynne Sewell LLP has leased four floors in the tower.
The $225 million project includes 480,000 square feet of office space plus about 50,000 square feet of retail on the lower levels.
Steve Brown- Dallas News