Thompson & Knight Guides Olympic's $170M Tower Reno

Law360, New York (February 14, 2014, 6:41 PM EST) -- Olympic Property Partners has acquired the 1.5 million-square-foot First National Bank Building in Dallas, Texas, with plans for a $170 million renovation and conversion, Thompson & Knight LLP, which represented the buyer, announced Friday.

New York-based Olympic Property Partners formed a joint venture with Dallas-based BDRC Co. to renovate the property, aiming to turn the currently vacant historic building at 1401 Elm St. into a mixed-use skyscraper.

The building is located in Dallas's central business district, which has seen a recent increase in interest from the...
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