Austin office space<\/a>, the two leases span five floors in the mid-rise and the high-rise sections of the tower. The new tenants are joining an impressive roster that includes: law firms Kirkland & Ellis, Pillsbury Winthrop, and O\u2019Melveny & Myers, as well as financial services firms Vista Equity Partners, UBS, and Greenbelt Capital.<\/p>\nThe larger of the two leases was signed with national full-service law firm Jackson Walker, which will occupy more than 110,000 square feet across three mid-rise floors.<\/p>\n
\u201cThe Republic is the right long-term home for Jackson Walker\u2019s Austin office, providing our attorneys, business professionals, and clients a premier downtown location, modern amenities, and the flexibility to support continued growth,\u201d said Michelle Moore Smith, managing partner at Jackson Walker\u2019s Austin office. \u201cAs a firm deeply rooted in Austin, we are excited to be part of a building that reflects the city\u2019s energy, momentum, and future.\u201d<\/p>\n
The smaller of the two leases was signed with high-tech trading and market-making firm Virtu, which signed on for approximately 55,000 square feet across the two remaining floors in the building\u2019s high-rise portion.<\/p>\n
CBRE represented both tenants in the lease negotiations. Virtu was also represented by Sage Realty NYC.<\/p>\n
\u201cAustin ranked first for job growth among the nation’s largest metros last year, and The Republic gives companies the location and amenities they need to compete for top talent,\u201d said Seth Johnston, executive vice president at LPC, which is responsible for leasing efforts at the property. \u201cEmployers want their teams in the office, and The Republic is the kind of place people actually want to come in to work.\u201d<\/p>\n
\u201cWe\u2019ve secured nearly 600,000 square feet of high-quality leasing since marketing began on this project, demonstrating the continued demand for best-in-class workspace in Austin and affirming our decision to develop The Republic,\u201d said Costa Petrunoff, managing director of investments at DivcoWest. \u201cWith six office tenants already occupying their space and more to follow, The Republic has established itself as downtown Austin\u2019s premier business destination.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
The Republic office tower in downtown Austin reached 73% occupancy, following the signing of two new leases at the property, which filled a combined 165,000 square feet of premium Austin office space. <\/p>\n","protected":false},"author":48,"featured_media":7421,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[6,5],"tags":[],"class_list":["post-7420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-office-news"],"acf":[],"yoast_head":"\n
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