The Uptown mixed-use building, which had 480K SF available to lease, inked four office deals totaling 24K SF:
- Stackpath expanded by 17K SF, bringing it to 44,600 SF in the building.
- Bonanza Capital leased 2,556 SF.
- Robo Global leased 2,452 SF.
- BNP Paribas leased 2,079 SF.
The retail component is nearly 100% leased as well — Crescent said in a statement that the final retail additions are expected to be announced this fall. Six restaurants plus CycleBar, Drybar and Marketplace Sundry are already in the retail space.
The 530K SF mixed-use project is owned by Crescent Real Estate and JP Morgan Asset Management. Crescent Managing Director John Zogg, CBRE’s Clay Vaughn and Peery Wood and JLL’s Calvin Hull negotiated the latest office deals.
Zogg credited local brokers for their efforts in achieving full occupancy at McKinney & Olive: Phil Puckett, Jeff Ellerman, Randy Cooper, Craig Wilson, John Amend, BD Amend, Harlan Davis, Steve Andrews, Sharon Friedberg, Matt Miller, Eric Beichler, Brooke Armstrong, Jihane Boury, Zac Porter and Peery Wood.
Crescent Real Estate’s Chris Hanrattie was promoted to senior vice president of investments. He is responsible for all hospitality acquisitions and investments and has been deploying the company’s GP Invitation Fund I, which was launched in 2016. He led the acquisition of more than 1,675 keys and $500M of investments, including Hotel Crescent Court in Dallas and The Brown Palace Hotel and Spa in Denver. Hanrattie worked for Crescent from 2004 to 2006 and then M-M Properties and Archon Capital from 2006 to 2009, when he returned to Crescent.