Steve West, regional director of leasing for Insignia/ESG Inc., tells GlobeSt.com the company has spent the last five years in smaller quarters on the 18th floor. Staubach has renewed the lease for another seven years and expanded the operation, moving the office into the top floor and taking all of the space.
West negotiated the deal for building owner, Times Square Real Estate Investors; Staubach used in-house broker Dan Bellow.
West says the 481,222 rentable sf, pre-cast and glass building is 90% occupied. Majortenants include Insignia/ESG, EMC Corp. and South Trust Bank. Insignia/ESG has a staff of 75 people in its Houston office and manages the Austin office of 45 to 50 people, says West.
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