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KPMG's CBD Bound in $35-Mil, 200,000-SF Lease

DALLAS-The sting of losing a 21-year-old lead tenant this summer goes away as KPMG signs a 12-year, $35-million pact for 200,000 sf at Maxus Energy Tower, situated at 717 N. Harwood. The Dallas CBD deal sets the stage for a new era and new name.

By Connie Gore | Updated on October 01, 2001

DALLAS-A 200,000-sf lease, valued at $35 million, is the strongest sign yet that Dallas CBD revitalization efforts are taking root. With the 12-year signing comes the first renaming of a downtown high-rise since 1993, says Dallas-based Trammell Crow Co. whose team brokered this year’s landmark deal.

The 34-story, 825,000-sf Maxus Energy Tower at 717 N. Harwood will be the new home for KPMG Consulting Inc.’s Dallas team, which now is split between the Crescent in Uptown and Brookriver Center near Love Field. KPMG is planning a December 2002 move-in, coming one month after the Crescent lease expires. The Brookriver team will relocate in March 2003.

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