Neiman Marcus uses the office space for divisions that specialize in tax, legal, treasury, consolidation and SEC reporting. Wyatt Russo, an associate for the Weitzman Group in Dallas, has handled negotiations while building owner, TrizecHahn, has used an in-house broker for the lease expansion.

TrizecHahn vice president Mike Pierre recently had placed the high-rise's occupancy at 95%. It is commanding a rate ranging from $19 per sf to $20 per sf. Renaissance Tower, located at 1201 Elm St., had delivered in 1974 as Dallas' tallest building, a distinction it held until 1985. It remains in second place today, reaching 886 feet for its 56 stories and rooftop communications tower.

Also this week, Neiman Marcus has unveiled plans to open a 32,000-sf Last Call store at Grapevine Mills in early 2002. Construction will begin in the third quarter.

It marks the first North Texas location and only the second in the state for that particular Neiman Marcus branding. Last Call is a consolidation of marked-down merchandise, offering 40% to 80% discounts, from the popular retailer's NM Direct and Bergdorf Goodman stores.

In a prepared statement, Dennis McGovern, Grapevine Mills' general manager, says the Last Call signing "strengthens our position as a shopping destination throughout the Southwest." Arlington, VA-based Mills Corp. owns the 1.5-million sf retail powercenter, which had opened in October 1997 and remains one of the region's largest shopping centers.