The Texas merchant builder/developer's newest catch is CNA Insurance which is taking 67,000 sf for 10 years at an estimated aggregate gross rent of $12 million. The new space complements the insurance firm's nearby 325,000-sf campus. Jim Buddruss of Dallas-based Swearingen Realty negotiated for CNA.

Other tenants in the class A Reserve at Maitland are Countrywide Home Loans Inc. with 30,000 sf and Earth Tech Inc., a Tyco subsidiary, with 21,000 sf.

Howard Lee of Carter & Associates-ONCOR negotiated for Countrywide. John Guitar of Lincoln Property Co. represented Earth Tech. Matt Greer, director of leasing for Simmons Vedder, represented the property owner in all of the transactions.

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.