Two Investment Firms Sign New Leases at McKinney & Olive
Quality and abundant amenities attract new customers and push occupancy to 95 percent
DALLAS (September 8, 2017) – Crescent Real Estate Holdings LLC (Crescent) announces new leases at McKinney & Olive with two financial firms, Blackhill Partners, LLC and Intelis Capital LLC. Blackhill Partners signed a lease for 7,699 square feet. Intelis Capital LLC signed a lease for 3,703 square feet.
Blackhill Partners is an investment bank specializing in complex situations and has a track record of solving industry’s most challenging situations. Blackhill’s professionals have advised on more than $250 billion of mergers, acquisitions, financings and restructurings.
Intelis Capital is a venture capital firm focused on partnering with early-stage technology companies by providing both the capital and deep operational support needed to help entrepreneurs rapidly scale their businesses.
“We are extremely excited to add two great financial firms at McKinney & Olive. The quality and abundant amenities at McKinney & Olive were the primary factors for Blackhill & Intelis’ decisions,” said John Zogg, Managing Director with Crescent.
Jihane A. Boury Executive Vice President with Colliers International represented Blackhill Partners and Intelis Capital. Crescent was represented by Zogg.
McKinney & Olive is a one-of-a-kind, mixed-use project offering world-class architecture by Pelli Clarke Pelli Architects. The design provides premier Class A office space and unrivaled visibility in the vibrant pedestrian-oriented Uptown Dallas neighborhood. The 536,000-square-foot structure is the first commercial building in Dallas to be designed by an internationally acclaimed architect since the 1980s.
“McKinney & Olive has opened to rave reviews,” Zogg added. “We are currently 95 percent leased and have a steady stream of customers moving into McKinney & Olive.”
Zogg noted some of the customers who have moved into McKinney & Olive since it opened a year ago, including Gardere Wynne Sewell LLP; Sidley Austin LLP; McKinsey & Company; MHT MidSpan, LP; Trive Capital; Sales Benchmark Index; Tailwater Capital; Cushman & Wakefield; Prologis; Stackpath; Luther King Capital Management; and Park Place Dealerships.
McKinney & Olive is fast becoming a popular place to gather with the successful openings of Del Frisco’s Double Eagle Steakhouse, Starbucks Reserve Bar, and Roti Modern Mediterranean.
Located on a 3.1-acre site at McKinney Avenue and Olive Street, Crescent’s McKinney & Olive is juxtaposed amid the grandeur of neighboring icons Ritz-Carlton and The Crescent® and just blocks from the Dallas Arts District and Klyde Warren Park. Crescent has been recognized 10 times with the prestigious National Commercial Real Estate Customer Service Award for Excellence, or the “A List” Award, from CEL & Associates, Inc.
For more information, visit mckinneyandolive.com.
Crescent Real Estate LLC (Crescent) is a real estate operating company and investment advisor founded by its Chairman, John C. Goff, with assets under management totaling $1.65 billion. Through the recently established GP Invitation Fund I, Crescent will acquire, develop and operate all real estate asset classes alongside institutional investors and high net worth clients. Crescent's portfolio consists of 7,450 units of multifamily properties; 2.3 million square feet of creative office space; 610,000 square feet of Class A office properties in Colorado and Texas; and The Hotel Crescent Court in Dallas. Crescent is an affiliate of Crescent Real Estate Holdings, LLC, an award-winning owner and operator of premier real estate assets throughout the U.S., such as The Ritz-Carlton, Dallas; a newly developed Class AA office building, McKinney & Olive in Dallas; and the wellness lifestyle leader, Canyon Ranch®.