Tenet, planning a late 2009 move-in, has become the fifth dealto be signed at the 1.2-million-sf high rise at 1445 Ross Ave.since Hunt Co. exited for a build-to-suit office building on theCBD's edge. "We feel very fortunate in six months time to be atstabilization," says Kirby White, leasing director for CrescentReal Estate Equities LP, who is vacationing and missed yesterday'sfestivities in Dallas heralding the Downtown's latest headquarterswin.

White tells GlobeSt.com that the bulk of Tenet's space ropes offfloors 14 through 18 in the 60-story building. But, Tenet also haslaid claim to 5,000 sf on floors 57 and 58, a sky room withinterior staircase that Tenet will use as a conference center justlike Hunt did. He says space planning will be done by fall,allowing demolition on the lower floors to get under way sofinish-out can begin in the spring. "There's not as much down timeas you'd think," he says. All he can say about the finish-out isthe negotiated shared expense is "a good market TI."

The stair-stepped lease pushes occupancy to 81% from 67%, with200,000 sf of Hunt's empty space already backfilled. Adding to theleasing victory, Crescent also has landed a 3,726-sf tenant for thefirst of four sky suites on the 49th floor, outfitted as spec spaceand being marketed at $27 per sf. On the first day of theiravailability, Monarch Vision Funding Quad Wealth inked a five-yearlease and moved in ASAP, according to White.

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