Todd White, senior vice president at Dallas-based Macfarlan, tells GlobeSt.com that four different national and regional brokerage houses were in the running for the assignment. White says Moody Rambin had the most sophisticated marketing, reporting and lease negotiations, but also important to Macfarlan was a "knack for finding local deals." White expects Moody Rambin will help to capitalize on investment opportunities in the Houston market. Macfarlan owns 2.5 million sf in the Houston market in industrial, service center and office product, but the three Tanglewood offices are the only mid-rise, class A properties in the mix, says White.

CEO Dean Macfarlan says hiring Moody Rambin would best serve the company's long-term portfolio development strategy. "At this stage of our portfolio program," he says, "we felt that the leadership in leasing that Moody Rambin could offer these three properties better serviced the properties themselves as well as our existing and future tenants."

The 11-story 6363 Woodway is a198,400 sf building that was acquired in 1996 from Travelers Insurance Co. The 19-year-old building is 98% leased. Major tenants include Dinerstein Builders; Kilburn, Jones, Gill & Campbell and Frost Bank.

The 10-story 1616 Voss encompasses 179,000 sf at 1616 S. Voss Rd. The 21-year-old building was bought in 1997. It's 65% leased, with major tenants being Triad Energy, AEC International, S.J. Bashen Corp. and TPC Technical Service. The 7500 San Felipe, also 10 stories, totals 163,100 sf. It too was acquired in 1997. The 22-year-old building is 85% leased. Its tenant roster includes Marubeni Tubulars, Beeler-Sanders Properties, Executive Business Services and Bank of America.

Brad Lynch of Moody Rambin is the on-site leasing representative. Macfarlan will provide site management.