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DALLAS-Dealmakers have delivered two headquarters deals for first-generation space in 2525 McKinnon, a three-year-old building in Uptown that’s standing in the shadows of several under-construction or soon-to-rise office projects. The traction renews optimism for owners who, six months ago, pulled the plug on a plan to office condo the class A building.

DG Fast Channel Inc. took 6,352 sf and Portnoy Capital Management, 1,489 sf. In recent months, the Stream Realty Partners LP leasing team also put the San Francisco-based ticket broker StubHub Inc. into 1,409 sf. The minimum term exceeds five years across the board, according to Stream associate Benjamin Hautt. The signings push occupancy to 48.3%, up 7.8% since Stream got the 109,810-sf building assignment from the local owner, Seneca Investment Co.

“We definitely anticipate signing more deals within the next 60 days,” says Hautt, who teams with Stream principal Timothy O. Terrell to lease the eight-story building. “We’re just a better overall value than these $35 rents that are all around us.” He tells GlobeSt.com that the Uptown-Downtown uptick in the office market has pushed 2525 McKinnon’s rate, $27 per sf, up $2 per sf in the past six months. Part of the revised strategy includes 8,000 sf of ready-to-go suites.

DG Fast Channel and Portnoy will get their keys Feb. 1. DG Fast Channel, with its headquarters now at 750 W. John Carpenter Freeway in nearby Irving, was represented by Andy Leatherman and Jeff Staubach with locally based Staubach Co. Portnoy Capital, now occupying an office at 5080 Spectrum Dr. in Addison, had Seth Weinstein of Predium in Dallas doing its negotiations.

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