The Crescent Tower and Courtyard. (Courtesy of Crescent Real Estate)

Commercial Real Estate

Uptown’s The Crescent Now Boasts More Than 120 Financial Firms

On the heels of many new deals signed this summer, Crescent inked four more new tenants.

Not to be outdone by its summer leasing velocity, Uptown financial hub The Crescent has signed up four new tenants.

Velocis Management, which started its business at the Crescent in 2010, has returned with a 4,463-square-foot lease. Lincoln Property Co. represented Velocis. WhiteStar Asset Management, represented by HPI Commercial Real Estate, leased 5,641 square feet. Lincoln International, represented by Savills Studley, leased 3,400 square feet. Inverdale Capital Management Partners leased 2,993 square feet. Crescent’s Tony Click represented Crescent in all four deals.

In August, Crescent leased about 40,000 square feet to the likes of Wells Fargo Securities, PNC Bank, BMO Harris Bank, West Texas National Bank and Raymond James’ Alex Brown. These new leases bring the total number of financial firms at the complex to more than 120.

Crescent is putting the finishing touches on a $33 million renovation at the complex and two restaurants—East Hampton Sandwich Co. and Sixty Vines—will open there in 2018.

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