Crescent Real Estate Announces 35,000 Square-Foot Class a Office Lease at Las Vegas Office Development; Crescent Leases Space in Newest Office Development as Las Vegas Office Demand Continues to Outpace Supply.FORT WORTH, Texas Fort Worth is the fifth-largest city in the state of Texas, 18th-largest city in the United States[1], and voted one of "America’s Most Livable Communities. -- Crescent Real Estate Equities Company Crescent Real Estate Equities Co. (NYSE: CEI) is a Fort Worth, Texas-based real estate investor with holdings mainly in office and hotel properties, including several landmark buildings in the southern United States. (NYSE NYSE See: New York Stock Exchange :CEI CEI Competitive Enterprise Institute CEI Conferenza Episcopale Italiana (Italian bishop conference) CEI Central European Initiative CEI Comitato Elettrotecnico Italiano (Italian Electrotechnical Committee) ) announced today it has signed a 35,000 square-foot office lease with the law firm of Snell & Wilmer, LLP LLP - Lower Layer Protocol at its current Las Vegas office development, 3883 Howard Hughes Parkway. The new office tower, slated for completion in early 2007, will exemplify the Hughes Center tradition of providing first-class office space in an amenity-rich environment. 3883 Howard Hughes Parkway will comprise 11 floors with spectacular valley views, efficient rectangular floor plates, the finest architectural design features, and state-of-the-art technology in an environmentally-conscience setting. Snell & Wilmer was represented by Greg Kilfoyle of KBK Real Estate Advisors, while Tom Stilley, Lizz Stilley and Taber Thill thill n. Either of the two long shafts between which an animal is fastened when pulling a wagon. [Middle English thille, perhaps from Old English, plank.] Noun 1. of Colliers International represented Crescent. Denny Alberts, Crescent's president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , commented, "Office demand in Las Vegas continues to outpace our ability to satisfy it, and we are anxious to complete our first office development there to help meet the expectations of our current and future customers. Hughes Center is the premiere financial address in Las Vegas, and this new development demonstrates our commitment to upholding that reputation. We are also very excited to welcome Snell & Wilmer to the building, and we look forward to working with them in the years ahead." About Snell & Wilmer Founded in Phoenix, Arizona in 1938, Snell & Wilmer opened its Las Vegas office in the spring of 2001, and now has more than 30 attorneys locally, with practices in many areas including real estate, finance, corporate, litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , construction law, tax, bankruptcy, labor and employment, gaming legal matters and transactional law, with an emphasis in real estate, finance and other complex business transactions. About Crescent Crescent Real Estate Equities Company (NYSE:CEI) is a real estate investment trust headquartered in Fort Worth, Texas. Through its subsidiaries and joint ventures, Crescent owns and manages a portfolio of 75 premier office buildings totaling 31 million square feet located in select markets across the United States, with major concentrations in Dallas, Houston, Austin, Denver, Miami and Las Vegas. Crescent also makes strategic investments in resort residential development, as well as in destination resorts, including Canyon Ranch(R). For more information, visit the Company's website at www.crescent.com. |
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