DALLAS-Gensler, a seven-year tenant in Lincoln Centre, has reworked its lease nearly two years early to double the office size and tack several more years onto the term. The leading architectural firm will relocate Feb. 1 within the class A complex to get a full floor or 32,383 sf in Tower II.

Greg Biggs, executive director of Dallas-based Cushman & Wakefield of Texas Inc., tells GlobeSt.com that the initial search sized up office buildings from Uptown to North Dallas, but the decision to stay was mortared by the availability of a full floor in the high-profile, 1.6-million-sf office complex, which is at least 94% leased. Gensler is getting the 11th floor of the 19-story Tower II at 5420 LBJ Fwy. and vacating 16,000 sf on the fourth floor of Tower III at 5430 LBJ Fwy.

Gensler plans to completely retrofit the floor into LEED-certified space. “That was an important piece for them,” Biggs says, “and that's going to make their space different from other competing firms.” Judy Pesek, director and managing principal of San Francisco-based Gensler's Dallas office, is leading the design team for the new office for the 90-member staff.

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.