The law firm and closing office for Fidelity National Title will soon move into the Las Colinas Urban Center after a major upgrade to a downtown office building.
The Patel Law Firm acquired an Irving office building at 1125 Executive Circle. The 30,694-square-foot space will be owned through 1125 Executive LLC. Managing Partner Rakesh Patel says the law firm has been looking into acquisitions like this for the nearly 10 years the firm has been in the community.
“This is a great opportunity for our law firm and closing office, as well as future tenants we hope to attract to our renovated building,” Patel said in a written statement.
The law firm’s office will make the move from Irving following the upgrades. Renovations will include adding 23 carports to the parking lot and transforming 3,000 square feet used for training into a lobby for potential tenants.
Rubicon Representation will manage the leasing process.
A recent increase in rental rates in the Las Colinas Urban Center may prompt tenants to seek different locations and Daniel Miller, vice president at Rubicon Representation, says this new office building will offer opportunities in the Las Colinas submarket.