Adolphus Tower Signs over 15,000 sf in New Leases
DALLAS, TX - February 26, 2010 --
Adolphus Tower, located at 1412 Main Street, has recently signed
over 15,000 square feet in new leases, becoming the new home to six
Dallas-based companies.
Focus Communications, a full-service African American owned
marketing and public relations firm, has occupied over 2,500 square
feet of the 10th floor. Time Finance Co, Inc. and New Level
Athletics have leased space on Adolphus Tower’s 4th floor. Time
Finance has moved into 1,235 square feet and New Level Athletics, a
corporation focused on the advancement of local athletes, now calls
1,579 of Adolphus Tower square feet, home. The 18th floor of
Adolphus Tower has become the new corporate headquarters for
worldwide oilfield service provider, RA Global Services, Inc. The
18th floor offers RA Global over 7,000 square feet of finished
office space and encouraging views of downtown Dallas’ active
central business district. The most recent lease was signed by the
Law Offices of Frank E. Needham for 2,798 square feet on the 14th
floor.
All lease transactions were handled by Mark Boynton, leasing agent
and driving force behind the recent surge of activity. Other brokers
involved, were John Bailey of the Allan Bailey Group, who
represented Focus Communications and Time Finance Co, Inc. and Grant
Sumner of Peloton Real Estate Partners, who represented RA Global
Services, Inc.
“We really focused our marketing efforts on those downtown office
buildings that were publicly struggling, and obtained most of our
new leases directly from those efforts,” stated Mark of his team’s
strategic marketing moves. Adolphus Tower continues to offer one of
Dallas Central Business District’s most competitive lease rates. In
one-month’s time, Adolphus Tower’s occupancy rate has increased by
almost 10%, an agreeable number considering the recent published
office market reports. Currently Adolphus Tower is actively leasing
available office space and will be marketed for sale by Henry S.
Miller Brokerage’s Investments division.
About Adolphus Tower Office Building - Built in 1954, Adolphus Tower
is a 26-story, approximately 182,000 square foot office building
located at the corner of Main and Akard. The office building boasts
clean line architecture, spacious marble lobby and unparalleled
views within the downtown Dallas corridors. Adolphus Tower is
walking distance from courthouses, federal and state buildings; the
downtown DART line is two blocks away; there is a direct connect to
The Adolphus Hotel and the tower is in close proximity to the Joule
and Magnolia hotels; Pegasus Plaza is across the street and the new
downtown park is just minutes away. With its sound structure and
features, custom offices can be created for any space.
Dallas-based Henry S. Miller Brokerage, LLC is one of Texas’ largest
independent full service commercial real estate firms, with five
offices in Texas. Established in 1914, Henry S. Miller is one of the
oldest and most respected companies in Texas and has gained a
reputation for service and integrity that is unequaled in the
industry. Henry S. Miller Brokerage is a member of Realty Resources
Network, one of the largest affiliations of commercial real estate
firms in the nation.