A Dallas regulation agency is shuffling its places of work in a downtown tower.
Munsch Hardt Kopf & Harr P.C. has been a significant tenant since 2005 within the 45-story Ross Tower on Akard Road.
The company regulation agency simply signed a brand new lease within the tower, however is transferring its operations greater within the constructing.
Munsch Hardt initially leased about 80,000 sq. ft on flooring 36, 37 and 38. It’s transferring its places of work greater within the constructing to flooring 40 by means of 42.
Munsch Hardt has 176 staff within the Dallas workplace.
“As a agency which was based in Dallas in 1985, the extension of Munsch Hardt’s lease underscores our long-standing dedication to this group,” CEO Phil Appenzeller mentioned in an announcement. “By providing top-quality places of work on the intersection of Uptown and Downtown Dallas, we’ll proceed to draw top-tier expertise and serve our purchasers for a few years to return.”
Architect Gensler is designing the brand new places of work.
Munsch Hardt new long-term lease deal following a latest $20 million redo on the 1.1 million-square-foot tower.
Stream Realty Companions’ Craig Wilson, Dan Harris, Randy Cooper and Tim Terrell negotiated the brand new lease, after Munsch Hardt checked out various areas.
Ross Tower has not too long ago landed a number of new tenants within the constructing at Akard and San Jacinto streets, together with regulation agency Godwin Bowman PC and accounting agency Grant Thornton LLP.
The workplace tower is greater than 75% leased with different tenants together with Arcosa, the Dallas Regional Chamber, IBM, Perkins Coie and Willis Towers Watson.
HPI Actual Property of Austin, Dallas’ Bandera Ventures and Vancouver-based Second Metropolis Actual Property have made substantial upgrades to the tower since their buy in 2015.
“Our partnership is elated Munsch Hardt has chosen to resume its lease and recommit to Ross Tower on a long-term foundation,” Hunter Lee, Dallas Accomplice of HPI, mentioned in an announcement. “The agency’s tenancy is a cornerstone of the listing of improbable tenants which make up our constructing.”