Haynes and Boone Announces Dallas Office Relocation to Victory Park

11/14/2006

Top Law Firm To Become First Major Office Tenant At One Victory Park in 2008 Atmosphere of Urban Development Aligns with Growing Firm’s Global Culture

DALLAS – Haynes and Boone, LLP today announced the firm’s Dallas office will move to One Victory Park, a contemporary 20-story, 456,000 square-foot Class A office tower to be developed by Hillwood and Hines just south of American Airlines Center.

Haynes and Boone has signed a lease for up to 175,000 square feet on six floors in One Victory Park. Dallas' largest law firm not only is the lead tenant in the new building, but the first major office tenant to locate to the Victory Park district.

“This new-concept office environment is exactly what people expect from modern workspaces,” said firm managing partner Robert Wilson. “We believe the Victory project is right on target with its ‘live, work, play’ environment, which naturally meshes with the diverse and international culture of our firm.”

Mr. Wilson said the move reflects the philosophical underpinnings of Haynes and Boone as a whole. “We’ve always worked differently than other firms,” he said. “Three years ago, our firm leadership set out to position the organization for the year 2020 and beyond. In many ways, One Victory Park reflects that sort of forward-thinking preparation for the dynamically changing world of business law.”

One Victory Park, the first of two buildings being jointly developed at Victory Park by Hillwood and Hines, will house 446,000 square feet of Class A office space along with 10,000 square feet of mostly street-level retail space.

Located along the west side of Victory Ave. adjacent to a one-acre park, One Victory Park will be an integral office component of the master-planned, multi-use development. Tenants will have 24-hour on-site security with access card system, DART Rail at Victory Station, valet parking, excellent ingress and egress from all major thoroughfares, WiFi throughout the district, and fitness and spa facilities. The complex will be just steps away from condominiums, apartments, hotels, restaurants, one-of-a-kind retailers, an urban market and the American Airlines Center.

Such superior amenities at Victory Park enable tenants like Haynes and Boone to win the war for talent and retain individuals by offering an energized, urban space to work, live and play.
 
The building has received Silver LEED-CS (Leadership in Energy and Environmental Design Core and Shell Development) pre-certification. The LEED program is sponsored by the U.S. Green Building Council (USGBC), the nation’s leading evaluator for green building.

Like its new Houston offices, Haynes and Boone’s One Victory Park headquarters will reflect characteristics for which the firm has gained its reputation: high-tech, contemporary, warm, sophisticated and creative, Mr. Wilson said.

“It will particularly appeal to our clients as a destination,” he said. “And its open-space, light-and-glass ambience and healthy environment will be a decided edge as we continue our efforts to attract the brightest young legal minds to our expanding corporate practice.”

 “The new office space provides us the facility we need to serve our clients and, as the community grows with developments like this, so will we,” Mr. Wilson said. “Dallas is where the firm started. We are delighted to be part of this cutting-edge project that means so much to our home.”

 “Haynes and Boone is a leading law firm and we are excited they have invested in Victory Park for their future,” said Jonas Woods, President of Hillwood Capital. “The addition of this highly regarded tenant confirms our vision for Victory Park as the ultimate urban neighborhood. We know Haynes and Boone shares our appreciation for modern, efficient, green development and we are pleased to have them join us at Victory Park.“

“One Victory Park will set a new standard for office space in Dallas,” said Hines Senior Vice President Clayton Elliott. “It is very user-friendly, including 10-foot-high ceilings, full-height windows and under-floor air distribution system with individual controls in each office.  It is also environmentally friendly.”

The Firm has retained Gensler as design architect.  Gensler is a leading architecture, design and planning firm with offices in the Americas, East Asia and Europe.

The office tower adds an exciting new facet to the district and tenant opportunities to the Victory Park phase of development. Encompassing the southern end of the 75-acre Victory district and surrounding a one-acre urban park, the Victory Park phase will debut a dynamic collection of mid- and high-rise buildings.

About Haynes and Boone

Haynes and Boone, LLP is an international corporate law firm with U.S. offices in Texas, New York and D.C., and international offices in Mexico and Russia. With more than 450 attorneys, Haynes and Boone is ranked among the largest law firms in the nation by The National Law Journal.  The firm has been recognized by Vault.com as one of the "20 Best Law Firms to Work For," by Corporate Board Member Magazine as one of the “Best Corporate Law Firms in America,” and has received the Minority Corporate Counsel Association’s Thomas L. Sager Award for its commitment to diversity. A full profile on the firm can be found at www.haynesboone.com.

About Hillwood

Hillwood, (www.hillwood.com) a Perot company, is ranked as one of the top commercial real estate developers in the country and the top residential developer in Dallas-Fort Worth. The company’s developments currently house facilities for 83 companies listed on either the Fortune 500, Global 500 or Forbes List of Top Private firms. In addition to Victory Park, Hillwood is best known for its development of the 17,000-acre AllianceTexas project, located 15 miles northwest of DFW Airport, and the 2,000-acre AllianceCalifornia project in San Bernardino. For more information about Victory Park, see www.victorypark.com.

About Hines

Hines is a privately owned real estate firm involved in developing, acquiring, leasing and managing real estate, as well as providing extensive international investment management and advisory services. The Hines portfolio of projects completed, underway, acquired and managed for third parties includes more than 700 properties representing over 244 million square feet of office, mixed-use, industrial, hotel, medical, sports facilities and residential properties, as well as large, master-planned communities and land developments. With offices in 69 U.S. cities and 12 foreign countries, and controlled assets valued at approximately $11 billion, Hines is one of the largest real estate organizations in the world. Access www.hines.com for more information.

Click on Dallas Morning News link below for additional information on this story.

http://www.dallasnews.com/sharedcontent/dws/bus/stories/111406dnbusHaynes.312943c.html

Media Contacts

Nathan Koppel
Director of Media Relations
+1 512.867.8431
nathan.koppel@haynesboone.com
Linda Campbell
Communications Manager
+1 214.651.5362
linda.campbell@haynesboone.com

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