BRIEF: Law firm Winstead may move from Renaissance Tower to Dallas' Uptown
(Dallas Morning News, The (KRT) Via Acquire Media NewsEdge) Aug. 13--Another big downtown Dallas law firm may be looking at a move to Uptown.
Winstead PC occupies almost 200,000 square feet of office space in the 56-story Renaissance Tower at 1201 Elm St.
Although the major tenant's lease doesn't expire until 2012, it has hired real estate broker CB Richard Ellis to consider location alternatives.
"We're looking in downtown and Uptown," said Phil Puckett, the CB Richard Ellis executive vice president heading the site evaluation team.
Mr. Puckett said Winstead is shopping both existing and planned office towers.
That's why the law firm is beginning the process years before its lease at Renaissance Tower ends.
"If we were to select a new building, then timing wise, we have to start the process now," Mr. Puckett said.
Winstead has been in Renaissance Tower since 1986, when it relocated from the old Mercantile National Bank complex.
Several large downtown law firms have announced plans to move or have relocated to Dallas' Uptown neighborhood or the Arts District, including Patton Boggs LLP, Haynes and Boone LLP, and Thompson & Knight LLP.
"The trend of these law firms moving to Uptown is very interesting," Mr. Puckett said.
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