The Houston-based law firm has 410 attorneys in eight offices,of which four are in Texas. The 102-year-old firm's been a tenantsince 1997 in the 1.5-million-sf Bank One Center at 1717 Main St.in downtown Dallas.

"Under the existing lease, we didn't have the expansioncapabilities that we needed," Greg Biggs, senior vice president andsouthwest region manager for Studley, tells GlobeSt.com. A searchof all class A and class AA buildings was conducted in downtown andUptown. "Other options were possible," he says. "At the end of theday, the firm didn't have to do anything. They could have waitedthis out until 2007." The deal goes into effect in March 2007.

Biggs declined to go into detail, but did say the law firm will"grow the count substantially" as a result of deal-making thatenables expansion now rather than later. "Andrews Kurth has done anoutstanding job of recruiting so expansion capabilities werecritical to their future," adds Biggs, who represented the brokeralong with Charles Gordon of CB Richard Ellis Inc.'s Houstonoffice. The firm occupies floors 36, 37 and 38 in the 60-storybuilding.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.