New tower north of downtown Dallas lands a major office tenant

An business office tower likely up just north of downtown Dallas is now 70% taken, many thanks to a big lease.

Intercontinental legislation agency O’Melveny & Myers is tripling the dimension of its Dallas workplace with a 75,000-sq.-foot lease in the Harwood No. 14 tower.

The 27-tale superior-rise is below design on Harry Hines Boulevard in the vicinity of the exit from the Dallas North Tollway.

The venture of Dallas-based developer Harwood Worldwide will open up in 2023.

New tenant Los Angeles-primarily based O’Melveny & Myers expanded to Dallas in 2021 and occupies a more compact office in Harwood International’s making at 2501 N. Harwood St.

“O’Melveny is fully fully commited to growing our existence in the Lone Star Condition,” Teresa Doremus, O’Melveny & Myers’ head of functions and authentic estate, mentioned in a assertion. “We are self-assured that Harwood No. 14 will be the perfect in shape for our lawyers and team as we continue on to increase in Dallas.”

Phil Puckett, Harlan Davis, Jeff Welch and Lynn Williams of CBRE Team negotiated the legislation company lease with Kelly Whaley and Hannah Mesh of Harwood Worldwide.

O’Melveny & Myers joins Haynes and Boone and S2 Cash as the initially tenants in the Harwood No. 14 tower. The large-rise is the most current addition to the 19-block Harwood district upcoming to Uptown Dallas.

“We pleasure ourselves on an around 90% tenant retention rate due to our capacity to provide area for progress and our outstanding stage of support,” Harwood’s Whaley explained.

The powerful lease-up at the Harwood No. 14 creating is in line with what other new Uptown location office assignments are viewing.

The new Connection at Uptown business tower on Olive Road just opened and is far more than 75% leased at some of the maximum rates in the location.

Other builders are scrambling to kick off construction on Uptown towers to consider edge of the desire for offices in the neighborhood north of downtown.