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News release

Fort Worth, TX

Bank of Texas secures new office in Downtown Fort Worth

Financial institution reaffirms position in growing market


Fort Worth, April 10, 2018 – JLL announced today the successful negotiation of a new 21,328 square foot office lease for Bank of Texas. The financial firm, a division of BOK Financial, is relocating their downtown Fort Worth office to 777 Main Street to accommodate projected growth in the market and provide a greater quality of service for their clients.

"We are eager about our upcoming move and look forward to having additional space for future growth of our team," said Mark Nurdin, Bank of Texas President and Chief Executive Officer for the Fort Worth Region. "The accessibility of downtown, being adjacent to the energy of Sundance Square and the amenities 777 Main offers is a unique opportunity for our team and something we are very excited about."

"Bank of Texas has been in the Fort Worth market for over 15 years," added Mark Wade Bank of Texas President and Chief Operating Officer. "Relocating into the heart of downtown Fort Worth not only confirms our commitment to our current clients, it also reinforces to the community that the Fort Worth market is a priority for Bank of Texas."

JLL Managing Director Pat McDowell and Executive Vice President Brooke Armstrong negotiated the new office lease on behalf of Bank of Texas. Transwestern's Whit Kelly represented The Brookdale Group, owners of 777 Main Street.

"Bank of Texas' new office reinforces their commitment to the region, their growing client base and to their employees," said Armstrong "The amenities and walkability of downtown Fort Worth and Sundance Square create a unique and enjoyable business environment for their clients and staff, and allows them to remain near other leading professional service companies."

According to JLL Research, the Downtown Fort Worth remains one of the tightest submarkets in the area. As of Q4 2017, total vacancy for the submarket was at 11.8%, second only to West/Southwest Fort Worth which was at 9.5%. Additionally, Downtown is demanding the market's highest average direct rent rates per square foot at $26.67, thanks in large part to its central location, ample entertainment options and close proximity to business-to-business companies.

 

About BOK Financial Corporation

Bank of Texas is a division of BOK Financial, a $33 billion regional financial services corporation based in Tulsa, Oklahoma. The company's stock is publicly traded on NASDAQ under the Global Select market listings (symbol: BOKF). Through its subsidiaries, the company provides commercial and consumer banking, investment and trust services, mortgage origination and servicing, and an electronic funds transfer network. For more information, visit www.bokf.com.

 

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2017, JLL had revenue of $7.9 billion and fee revenue of $6.7 billion; managed 4.6 billion square feet, or 423 million square meters; and completed investment sales, acquisitions and finance transactions of approximately $170 billion. At the end of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of 82,000. As of December 31, 2017, LaSalle had $58.1 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.