DALLAS, June 11, 2008 --- Younan Properties announced that Capital Institutional Services, Inc., (CAPIS) has signed a long-term lease to relocate its corporate headquarters to Thanksgiving Tower in Dallas. The firm will occupy the entire 39th floor (approximately 28,000 sf) of the landmark Class A high-rise in early September. CAPIS was represented by John Beach and Chase Sutton with Jackson & Cooksey, Ltd. Ryan Collier and Sarah Payne of Stream Realty Partners worked the transaction on behalf of Younan Properties.
According to John Cook, vice president of asset management for Younan, CAPIS is a premier company with exacting standards to meet their growth needs. "CAPIS is a fast-growing institutional broker and research provider that presented us with an opportunity to partner with them to help the company achieve its long term space requirements. We are delighted that CAPIS chose Thanksgiving Tower as their new corporate headquarters."
According to Collier, "CAPIS is an excellent addition to a great building. We are extremely proud of the Thanksgiving Tower win."
About Capital Institutional Services, Inc.
CAPIS is a leading U.S. institutional broker specializing in global agency trading and commission management for asset managers and plan sponsors. CAPIS has successfully developed and provided an array of brokerage solutions specifically tailored to the institutional marketplace since 1977. CAPIS is a member of the New York Stock Exchange, the American Stock Exchange, the Financial Industry Regulatory Authority, and the Securities Investor Protection Corporation. For more information, visit www.capis.com.
About Younan Properties
Headquartered in Los Angeles, Younan Properties, Inc., a privately-held real estate investment group, specializes in acquiring Class A office properties in high-growth markets throughout the United States. It is known for its detailed, hands-on approach to improving operational efficiencies while maintaining top building standards for tenants. Through the application of proprietary technologies and proactive management, Younan has accumulated nearly 12 million square feet of well-located Class A office buildings in key markets in Texas, Illinois and Arizona. Additional information about Younan Properties, Inc. can be found at www.younanproperties.com.