X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

AUSTIN-A legal company has joined two law firms as the first tenants of Terrace VII, a new Colliers International building in Austin’s southwest submarket.

Texas Legal Protection Plan has leased 4,000 sf on the building’s fifth floor. Colliers’ Spencer Hayes and Mark Greiner handled the deal. Texas Legal, founded in 1972 by the Texas Bar Association, provides pre-paid group plan legal services. It moves from Barton Oaks Plaza at 901 S. MoPac Expressway, also in the southwest submarket.

Earlier, anchor tenant Vinson & Elkins moved into 115,000 sf in the building. Another law firm, Gjerset & Lorenz has taken 8,900 sf on the building’s fifth floor. Greiner tells GlobeSt.com that the building still has another 62,000 sf to lease.

The six-story Terrace VII has about 192,000 sf on top of a four-level parking garage. It’s part of a 109-acre, mixed-use development at MoPac Expressway and Capital of Texas Highway. The building is owned by ClayDesta, the Midland, TX-based energy company.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.