An Equity Office representative declined to disclose details ofthe base lease or the aggregate value of the extension and the mainlease. Lockwood Greene is taking the 9,464 sf on the eight-storybuilding's second floor for only 13 months to house 100professionals on a short-term project, Equity confirms.

Area brokers familiar with the Central Perimeter submarket tellGlobeSt.com the extension probably has a rent value of about$195,000. The total 71,762-sf lease has an estimated aggregatevalue of $13 million, based on an effective rent of $18 per sf,area brokers tell GlobeSt.com. The building's asking average grossrent range is $19 to $20 per sf.

Lockwood will occupy the extended space until April 2006. Thetenant relocated to Sterling Pointe in June 2004. Patrick Duffy andMike Kotzin of Newmark Southern Region LLC represented LockwoodGreene. Caroline Nolen, director-leasing for Equity Office,negotiated for the building owner.

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