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Uptown Office Tower Gets New Name Following Expansion Of Texas Capital Bank Lease

Texas Capital Bank has secured naming rights for its Uptown Dallas headquarters following the execution of a 15-year lease agreement that expands the firm’s footprint to more than 200K SF.

The bank, which first moved its HQ to the Class-AA building upon its completion in 2008, plans to take up seven floors, including its existing banking center in the lobby, per a company news release. A block of floors in the middle of the tower will be built out, while the bank’s existing two floors will be renovated, per the release.

The 21-story tower, located at 2000 McKinney Ave., will be renamed Texas Capital Center as part of the expansion.

Texas Capital Bank's HQ is in Uptown Dallas by Klyde Warren Park.

“We are reconfiguring Texas Capital Bank’s corporate real estate portfolio by creating a workplace experience that aligns with our values and culture,” Catherine Zalatoris, Texas Capital Bank’s executive vice president and head of corporate real estate, said in a statement. “We are an employer of choice that invests in our teams and workspaces to accommodate our continued growth, while fostering a new sense of workplace pride.”

The tower was acquired by German firm Union Investment Real Estate in 2016 for what was described by the Dallas Morning News as a “record purchase price” of $200M.

Construction on the expansion is expected to kick off early next year and be completed in phases through 2024, per the release.