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Range Resources Bumps HQ Office to 112,000 SF

FORT WORTH-The lead tenant in Two City Place adds two more floors to its five-floor block in a co-terminus lease. The direct deal blocks off contiguous space for now and the future.

By Connie Gore | Updated on September 30, 2008

FORT WORTH-Range Resources Corp. is adding two floors to its five-floor headquarters office at Two City Place in the CBD. Range’s expansion will run co-terminus with a 10-year lease, which has roughly 8.5 years left on the term as lead tenant in the $200-million redevelopment.

David Amend, investor relations director for Range Resources, tells GlobeSt.com that the plan calls for one floor to be built out in January for immediate occupancy while the other one is being sized up for partial occupancy or sublease until the firm needs the class A office space. Range added about 32,220 sf on floors seven and eight to its 80,000-sf contiguous block, which starts on the ninth level and pushes to the 14th in the 19-story, 312,500-sf building at 300 Throckmorton St., which is owned by Dallas-based PNL Cos.

“We felt like it was smart to go ahead even though we don’t need the space right now,” Amend says, adding the review process has just begun as to whether or not Range will sublease all or part of the seventh floor. Huff Partners in Fort Worth is Range Resource’s tenant rep firm.

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