Haynes and Boone Opens 142 KSF Dallas Office
The law firm is the anchor tenant of the recently completed tower.
Haynes and Boone LLP has opened its new Dallas office at Harwood No. 14, a recently completed building developed by Harwood International. The firm will occupy 142,000 square feet at the new downtown location.
The company initially preleased 125,000 square feet in 2020 during the building’s development phase, but as the firm grew, it expanded its lease, Haynes and Boone Chief Operating Officer Dave Boden told Commercial Property Executive. The phased relocation will be finalized on September 25th: “Our plan all along was to move our attorneys and staff over three consecutive weekends” Boden added.
The tenant moved from its previous offices at One Victory Park, a skyscraper in uptown Dallas, where it occupied the space since 2008. Haynes and Boone is now the anchor tenant at Harwood No. 14, occupying five and a half floors at the 27-story property.
The space encompasses multiuse common areas and individual offices, accommodating more than 330 employees. The move represents a downsize from its previous location. The tenant invested $24 million for the development of its new offices, public records show.
The building spans 360,000 square feet, featuring floor plates ranging between 15,637 and 25,614 square feet, according to CommercialEdge data. Designed by Corgan and Kengo Kuma & Associates, with interiors by Gensler Architects, the property incorporates amenities such as a fitness center, car service and dry-cleaning delivery. Law firm O’Melveny and Myers is also part of the tenant roster, the same source shows.
The Dallas office market
Located at 2801 N. Harwood St., the building is part of the Harwood District, a master-planned enclave spanning 19 city blocks. It currently encompasses 5 million square feet of office space, and upon completion will feature 11 million square feet of office, retail, hotel and residential space.
As of August, Dallas had an average listing rate of $27.39 per square foot, below other Texas markets, such as Austin ($42.85) and Houston ($30.57), according to a recent CommercialEdge report. The metro’s vacancy rate rose by 0.8 percent year-over-year, reaching 18.5 percent, slightly above the national figure of 17.5 percent.
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