Iconic Crescent Resort in Downtown Dallas Obtains Law Firm Leases
Two law firms have signed new leases in the historic Crescent complex in Uptown Dallas.
Dorsey & Whitney LLP, a Minneapolis-based law firm with offices in the United States, Canada, Europe and Asia-Pacific, takes up 34,911 square feet in two Crescent office towers.
“As a business that continues to grow in Dallas, The Crescent has given us flexibility in scaling up,” Dorsey & Whitney senior partner Larry Makel said in a statement.
Chicago-based Vedder Price PC leases 23,027 square feet on a full floor at The Crescent. The company also has offices in New York, Washington, DC, San Francisco, Los Angeles, London and Singapore.
The Crescent Tenants Law Firm Gotshal & Manges LLP is also expanding its space to occupy the entire third floor of The Crescent’s three office towers.
With the new leases, The Crescent is over 95% let.
Crescent Real Estate LLC has signed more than half a million square feet of office contracts in the McKinney Avenue and Pearl Street buildings since the Fort Worth-based real estate company acquired the properties last year.
The owners have just completed a series of interior renovations for the offices, which were built in the 1980s.
“As we renew and extend leases and customers continue to return to the workplace, they will remember Crescent’s elevated experience and be greeted by new amenities,” said John Zogg of Crescent Real Estate.
Tony Click and Jordyn Allen of Zogg and Crescent negotiated the new leases with Josh White of CBRE Group and Joe Learner of Savills.
Crescent Real Estate also recently announced a long-term lease extension with department store Stanley Korshak, which anchors the Crescent’s retail land.