Colonnade Renovation Plan Slide Show

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bought in July

May 1 is penciled as the completion date. CBREI is following true to form, hiring Dallas-based Staffelbach Design Associates Inc. to craft interior changes and putting Bill Lokey, CBRE's first vice president, on the ground to lead the leasing drive to lift the 75% occupancy for the 292,490-sf Colonnade I at 15301 Dallas Pkwy., 314,125-sf Colonnade II at 15303 Dallas Pkwy. and 377,639-sf Colonnade III at 15305 Dallas Pkwy.

CBREI almost always puts CBRE brokers in place, but Lokey's track record with its assets in Las Colinas underwrote the mandate that he'd be leading the Colonnade leasing team. At Lokey's side will be CBRE vice president John Fancher, senior associate Allison Fannin and associate Susannah Wallace. Ironically, Lokey started his leasing career at the Colonnade in 1996-97 when he worked for MEPC American Properties Inc., a British company with the Colonnade as its only US asset.

The upcoming changes for the Colonnade include CBREI's signature amenity, a 5-Star Worldwide service center. Also coming is a 10,000-sf management office in the 70-story, barrel-vaulted atrium linking the three towers. Part of the atrium space will be converted to the Colonnade Club, a lounge with WiFI and Happy Hour hours for client meetings and after-work functions. The club is patterned after CBREI's Library in 190 S. LaSalle in Chicago. The existing fitness center will be relocated to 5,000 sf of the lower level of Colonnade III and the conference center will be reconfigured and overhauled. The plan includes chasing LEED certification for the Energy Star-designated trio.