Children's signed a 10-year, stair-stepped lease for floorsfive, six and part of seven, with expansion rights to the balance.Based on preliminary discussions, the 20,000-sf balance of theseventh story will be part of the deal by year's end, Bryan Marsh,senior vice president of San Diego-based Equastone, tellsGlobeSt.com. The deal pushes the 20-story Stemmons Place at 2777Stemmons Freeway to 81% occupancy.

It's the second time in the building's history that Children'shas tipped the scales as the largest deal in the submarket. "Wehaven't seen a deal this size since December 2001 when Children'sdid a deal for 142,000 sf," Marsh says.

This time, Marsh says the lease bundled a 52,361-sf earlyrenewal with 46,533 sf of expansion space for the headquartersteams of Children's numerous foundations, which will be incontiguous space instead of being dispersed throughout thebuilding. Plus, there are options and first rights for additionalspace if it's needed, he adds. And, there's a top of the buildingsign to be set in place, a marquee statement for a high rise in amedical and bio-medical corridor.