Commercial Real Estate

Uptown Office Tower McKinney & Olive Now 100 Percent Leased

Stackpath, Bonanza Capital Ltd., and Robo Global LLC among latest tenants to sign leases in the 20-story luxury tower.

A final 24,000 square feet was signed to make luxury office tower McKinney & Olive fully leased, according to J.P. Morgan Asset Management and Crescent Real Estate LLC.

Crescent managing director John Zogg said this is a rare achievement for multi-tenant office buildings in Dallas.

“Being 100 percent leased is a significant milestone, and we’re very honored to have reached it,” he said.

Stackpath, Bonanza Capital Ltd., Robo Global LLC, and BNP Paribas have all signed office leases with McKinney & Olive. Stackpath plans an expansion of 17,263 square feet, in addition to its already-leased 27,340 square feet, according to the release.

Zogg credits the work of local brokers who have leased the building for the milestone. CBRE’s Clay Vaughn and Perry Wood, as well as JLL’s Calvin Hull, were involved in the latest transactions to lease the remaining 24,000 square feet.

“We’re proud to have attracted such a stellar level of customers who embraced the building quality and architecture, the attention to detail, and the amenities,” Zogg said.

Pelli Clarke Pelli Architects designed the 530,000-square-foot, 20-story tower.

Zogg said new businesses locating to the building’s ground-floor retail spaces–which are almost fully leased, too–will be announced later this fall. So far, six restaurants call McKinney & Olive home, including Texas’ first Starbucks Reserve Bar and Fooda, a local restaurant pop-up program.  CycleBar and The Marketplace Sundry are also tenants in the building.

 

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