Office Improvements Score Organic Growth

Comerica Bank Tower totals 1.5 million square feet with 60 stories jutting from the Dallas skyline.

DALLAS—Comerica Bank Tower closed out the year with a total aggregate of 28,499 rentable square feet of office space. The leases were due in part to a capital improvements program that was undertaken by management.

“It is good to see some organic growth with the Dykema expansion and some outside of the submarket migration with HBC and Echelon,” says Mike Silliman, senior vice president of leasing with M-M Properties. “These pursuits were successful in part because of our capital improvement program. They all leased space on floors where we renovated common corridors and restrooms on the floors to new building standards and implemented our spec suite and spec-to-suit programs. We are continuing those initiatives with new spec suites coming out soon and exploring some more exciting ideas for the building. The building is currently 75% leased and we’ve got a good number of deals in the pipeline.”