FORT WORTH—California Company Jacobs Engineering will keep its downtown Fort Worth office in the 777 Main building, but it will let go of some space.

The announcement comes months before Jacob's lease in the building is scheduled to expire according to report in the Fort Worth Star-Telegram. It also will end talk that the company might seek to consolidate its Fort Worth and Dallas offices elsewhere.

Before the lease expires, Jacobs said it will move all of its operations in the building to the 24th, 25th, and 26th floors of the 40-story office tower at Seventh and Main streets. Renovations on those floors will begin next month, Jacobs said.

The space, plus some space in the basement it will keep, totals about 75,627 square feet, less than a quarter of the space it currently occupies. Jacobs signed a 10-year lease, but it has options to renew.

In announcing its intention to stay in Fort Worth, Jacobs -- which acquired the Carter & Burgess engineering firm in 2007-- also said it is consolidating two Dallas offices onto three floors in Dallas' 36-story Harwood Center tower.

Click Star-Telegram to read the full story.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • 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.