DALLAS – October 16, 2024 – Granite Properties, a commercial real estate investment, development, and management company, and Highwoods Properties (NYSE:HIW), a publicly-traded real estate investment trust (“REIT”), today announced that global law firm, Greenberg Traurig, LLP, has signed a long-term office lease for two floors (49,402 square feet) at McKinney & Olive in Uptown Dallas. The beautiful, Class-AA, mixed-use project offers 507,000 square feet premium office space, 50,000 square feet retail space, and a one-acre piazza. Greenberg Traurig will relocate their Downtown Dallas office to McKinney & Olive in spring 2026. McKinney & Olive is currently 100 percent leased.
Greenberg Traurig was represented on the lease transaction by Mike Shuler, Kyle Jett and John Shaunfield of Newmark. Granite was represented by its in-house leasing team consisting of Robert Jimenez, Burson Holman and Elizabeth Fortado.
“We’re delighted that the international law firm, Greenberg Traurig, will be relocating and expanding their office footprint at McKinney & Olive in Uptown Dallas,” said Paul Bennett, Senior Managing Director, Granite Properties. “McKinney & Olive is a magnet for companies and employees who are attracted to its high-quality work environment and its location in Uptown. We are very pleased with the leasing activity and building performance since we purchased it in 2022 with our partners Highwoods,” he added.
“The caliber of customers at McKinney & Olive keeps raising the standard of Dallas commercial office space,” said Ted Klinck, President and CEO of Highwoods. “We are thrilled to welcome the Greenberg Traurig team to this building. Their highly respected firm will help foster the innovative and collaborative spirit of the community. We look forward to working with Granite to support the continued success of Greenberg Traurig as they expand in 2026.”
Greenberg Traurig has more than 2,750 attorneys in 48 locations worldwide. The international law firm opened its Dallas office in 2003. The firm’s Dallas attorneys serve organizations from the Fortune 500 to local startups across a range of industries, including health care, construction, transportation, education, financial services, insurance, media, real estate, and emerging technology.
“Over twenty years ago we opened our Dallas office because we recognized the city as a vibrant, global business community with a highly educated workforce. Since then, we’ve grown to nearly 100 attorneys with deep connections to Dallas’ legal, business, and charitable communities. Dallas is an important city to us and our move to McKinney & Olive supports our continued growth strategy and strong presence in Dallas and in Texas. This one-of-a-kind building, its amenities and Granite’s focus on the customer experience will provide our attorneys and clients with a compelling environment to work, meet and collaborate,” said Joseph F. Coniglio, Greenberg Traurig Dallas Managing Shareholder.
McKinney & Olive is designed by internationally acclaimed architect, Cesar Pelli. The landmark building is LEED Gold certified and Energy Star rated. Amenities include:
- An airy, two-and-a-half story lobby
- A fifth-floor rooftop terrace connecting to a lounge, fitness center and conference center
- Destination dispatch elevators
- Valet parking, EV charging stations and bike storage
- Conveniences, such as a market, dry cleaning, auto detail service, and shoeshine service
- A piazza designed by OJB featuring a variety of shaded seating, green space, a water feature and fire pit.
- A retail destination with Del Frisco’s Double Eagle Steak House, Starbucks, Doc B’s Fresh Kitchen, Mixt, Leela’s Wine Bar, Mexican Sugar, Dry Bar and Cycle Bar. Feng Shui is scheduled to open later this year.
McKinney & Olive is located at 2021 McKinney Avenue. Customers have easy access to the Dallas North Tollway, Woodall Rogers Freeway, I-75, and public transportation. The building is at walking distances from popular restaurants, retail, The Ritz Carlton, Hotel Crescent Court, Stanley Korshak, and 23Springs, Granite and Highwoods’ development on the corner of Cedar Springs and Maple Avenue.
About Granite Properties
Granite Properties is a privately held commercial real estate investment, development and management company founded in 1991. The firm owns 11 million square feet of high-quality office space in Dallas, Houston, Atlanta, Denver, Southern California, Boston and Nashville. Granite is an established investor, developer and manager with a focus on sustainable, highly amenitized projects. It has completed more than $10 billion in real estate transactions and more than 30 million square feet of real estate development and acquisitions. Current active development projects in Boston, and Dallas total over 1.6 million square feet with total costs over $1.2 billion. Granite focuses on creating extraordinary customer experiences through mixed-use environments, rich amenities, customer-centric service, and innovative wellness features. Granite, NAIOP’s 2022 Developer of the Year, was named one of Fortune Magazine’s Best Workplaces nine times, ranking #8 on their 2022 Best Workplaces in Real Estate list. For more information, visit: graniteprop.com.
About Highwoods Properties
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW), fully-integrated office real estate investment trust (“REIT”) that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. Highwoods is in the work-placemaking business. We believe that by creating environments and experiences where the best and brightest can achieve together what they cannot apart, we can deliver greater value to our customers, their teammates and, in turn, our stakeholders. For more information about Highwoods, please visit our website at www.highwoods.com.
About Greenberg Traurig
About Greenberg Traurig: Greenberg Traurig, LLP has more than 2750 attorneys in 48 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2022 BTI “Highly Recommended Law Firm” for superior client service and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA’s Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: www.gtlaw.com.