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AIG Inks 50,000-SF Deal

DALLAS-GlobeSt.com confirms AIG has picked up additional office space in the Centre, keeping a North Dallas office as the final step of its plan to move to the CBD in January.

By Connie Gore | Updated on August 12, 2008

[IMGCAP(1)]DALLAS-GlobeSt.com has confirmed that New York City-based American International Cos. has leased roughly 50,000 sf in the Centre in North Dallas. The high-powered insurance company inked a deal at this year’s start to relocate from the submarket to the Dallas CBD, but it was still widely rumored that it planned to hang onto some space in North Dallas.

Dealmakers on both sides of the fence are barred from discussing the new lease due to a confidentiality clause embedded in the long-term pact. It has been learned AIG will get keys Jan. 1, 2009 to two full floors and part of a third in an 11-story, 227,096-sf building at 4100 Alpha Rd. AIG will be the largest tenant in the 850,000-sf, 10-building complex on 52 acres at the crossroads of Alpha and Midway roads.

Buddy Tompkins, senior director, and Seth Thatcher, associate, with GVA Cawley Realty Services of Dallas represent the Centre’s owner, Dallas-based Dalcan. Rick Hughes, executive director for Cushman & Wakefield of Texas Inc., represents AIG.

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