DALLAS-Following a year-long investigation studyingoffice building options, HudsonAdvisors/Lone Star decided to stay put in its current digsin the 1.2-million-square-foot Tower at Cityplace in the Uptownsubmarket. The tenant re-upped for a 10-year term in a110,652-square-foot lease that commences immediately.

The global investment firm had been a tenant in the officebuilding at 2711 N. Haskell Ave. for five years. According toStream Realty Partners LP's Sarah Erickson, thecommercial real estate transaction includes TIs soHudson Advisors can reconfigure space in response to growth.

"As we understand it, Hudson considered not only options in thecentral Uptown area, it also looked as far north as theQuorum/North Dallas submarket," explains Erickson, who, with StreamRealty colleagues Jeff Schweitzer andTommy Nelson represented the officebuilding's landlord, Barrow StreetCapital in the transaction. Dan Patersonwith Swearingen Realty Group LLC represented thetenant.

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.