{"id":1004581836,"date":"2022-05-25T12:14:18","date_gmt":"2022-05-25T20:14:18","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004581836"},"modified":"2022-12-09T02:16:48","modified_gmt":"2022-12-09T10:16:48","slug":"bandera-ventures-lands-new-tenants-at-dallas-tower","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/bandera-ventures-lands-new-tenants-at-dallas-tower\/","title":{"rendered":"Bandera Ventures Lands New Tenants at Dallas Tower"},"content":{"rendered":"<div id=\"attachment_1004581841\" style=\"width: 210px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/Ross-Tower-Image-courtesy-of-HPI-Real-Estate-Services-Investments.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004581841\" data-attachment-id=\"1004581841\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/bandera-ventures-lands-new-tenants-at-dallas-tower\/ross-tower-image-courtesy-of-hpi-real-estate-services-investments\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/Ross-Tower-Image-courtesy-of-HPI-Real-Estate-Services-Investments.jpg\" data-orig-size=\"665,1000\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;\\u00a9 Royce Bishop Photography&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Ross Tower Image courtesy of HPI Real Estate Services &#038; Investments\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Ross Tower. Image courtesy of HPI Real Estate Services &#038; Investments&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/Ross-Tower-Image-courtesy-of-HPI-Real-Estate-Services-Investments.jpg?w=665\" class=\"wp-image-1004581841 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/Ross-Tower-Image-courtesy-of-HPI-Real-Estate-Services-Investments.jpg?w=200\" alt=\"\" width=\"200\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/Ross-Tower-Image-courtesy-of-HPI-Real-Estate-Services-Investments.jpg 665w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/Ross-Tower-Image-courtesy-of-HPI-Real-Estate-Services-Investments.jpg?resize=200,300 200w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><\/a><p id=\"caption-attachment-1004581841\" class=\"wp-caption-text\">Ross Tower. Image courtesy of HPI Real Estate Services &amp; Investments<\/p><\/div>\n<p>After securing accounting and advisory organization <a href=\"https:\/\/www.commercialsearch.com\/news\/ross-tower-in-downtown-dallas-inks-new-tenant\/\">Grant Thornton LLP at Ross Tower<\/a> at the beginning of the month, <strong>Bandera Ventures <\/strong>has landed three new tenants at the office high-rise totaling 1.1 million square feet in the Dallas CBD.<\/p>\n<p>Law firms <strong>Godwin Bowman PC<\/strong>,<strong> McGinnis Lochridge LLP <\/strong>and<strong> Steptoe &amp; Johnson PLLC <\/strong>agreed to occupy more than 45,000 square feet across multiple levels of the 45-story tower.<\/p>\n<p><strong>HPI Real Estate Services &amp; Investments<\/strong> represented the landlord in the transactions, which involved:<\/p>\n<ul>\n<li>Steptoe &amp; Johnson PLLC establishing its first Dallas office by occupying 14,300 square feet of Class A+ office space on the 32nd floor<\/li>\n<li>Godwin Bowman PC relocating from the 1.7 million-square-foot Renaissance Tower and agreeing to occupy more than 24,000 square feet starting January 2023<\/li>\n<li>McGinnis Lochridge LLP expanding within Ross Tower and signing a new lease for more than 7,000 square feet on the 22nd floor<\/li>\n<\/ul>\n<p>The brokerage team working on behalf of Bandera Ventures included HPI\u2019s Dallas Partner Hunter Lee, Vice President Ben Cuzen and Leasing Agent Luke Aviles.<\/p>\n<p>Meanwhile, on the tenant side, <strong>Savills<\/strong> represented Steptoe &amp; Johnson PLLC and <strong>Cushman &amp; Wakefield<\/strong> worked on behalf of Godwin Bowman PC.<\/p>\n<h2>A downtown office tower<\/h2>\n<p>The LEED Gold-certified tower at 500 N. Akard St. features 26,006-square-foot floorplates, 25,000 square feet of retail space, as well as 3,266 parking spaces at a ratio of 3.00 spaces per 1,000 square feet, according to CommercialEdge. Built in 1984, the multi-tenant building underwent a cosmetic renovation in 2009.<\/p>\n<p>Ross Tower also features conference centers with private board rooms, a tenant lounge, cafes, a five-star restaurant and a fitness center. The tenant roster includes the U.S. Department of the Treasury, HPI Real Estate Services &amp; Investments, Scheef &amp; Stone and Frank Recruitment Group, among many others.<\/p>\n<p>As of April, the office vacancy rate across the Metroplex remained flat month-over-month, at 17.3 percent, surpassing the national average by 160 basis points, according to CommercialEdge data.<\/p>\n<p>In the same month, Kessler Collins inked a 13,745-square-foot lease at Ross Tower, relocating from the 843,728-square-foot 2100 Ross, less than half a mile away. Recently, <a href=\"https:\/\/www.commercialsearch.com\/news\/newmark-moves-dfw-offices-to-uptown-dallas-tower\/\">Newmark agreed<\/a> to occupy 46,350 square feet across two floors at The Link at Uptown in Dallas.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Three law firms have agreed to occupy more than 45,000 square feet.<\/p>\n","protected":false},"author":1763,"featured_media":1004578951,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1586,21742,21747],"tags":[35774,32799,40149,32779,34107],"class_list":["post-1004581836","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-dallas","category-latest","category-office","tag-bandera-ventures","tag-cushman-wakefield","tag-hpi-real-estate-services-investments","tag-leed","tag-savills"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bandera Ventures Lands New Tenants at Dallas Tower - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/bandera-ventures-lands-new-tenants-at-dallas-tower\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bandera Ventures Lands New Tenants at Dallas Tower\" \/>\n<meta property=\"og:description\" content=\"Three law firms have agreed to occupy more than 45,000 square feet.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/bandera-ventures-lands-new-tenants-at-dallas-tower\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-25T20:14:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T10:16:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/Ross-Tower-4-e1651586224780.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"984\" \/>\n\t<meta property=\"og:image:height\" content=\"738\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Agota Felhazi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bandera-ventures-lands-new-tenants-at-dallas-tower\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/bandera-ventures-lands-new-tenants-at-dallas-tower\/\",\"name\":\"Bandera Ventures Lands New Tenants at Dallas Tower - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bandera-ventures-lands-new-tenants-at-dallas-tower\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bandera-ventures-lands-new-tenants-at-dallas-tower\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/Ross-Tower-4-e1651586224780.jpg\",\"datePublished\":\"2022-05-25T20:14:18+00:00\",\"dateModified\":\"2022-12-09T10:16:48+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/bd1ef74130b86a7c6013eaa04b08b28d\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bandera-ventures-lands-new-tenants-at-dallas-tower\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/bandera-ventures-lands-new-tenants-at-dallas-tower\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/bandera-ventures-lands-new-tenants-at-dallas-tower\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/Ross-Tower-4-e1651586224780.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/Ross-Tower-4-e1651586224780.jpg\",\"width\":984,\"height\":738,\"caption\":\"Ross Tower. 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