The sales price isn't available. However, sources point out thatBroadway Partners spent $115 million to acquire the class A,31-story building at 1021 Main St. The Harris Central AppraisalDistrict has 1980-era building assessed at $107.4 million.

Robert Williamson, managing director in Holliday Fenoglio FowlerLP's Houston office, expects the deal to close by the end of June.He says the buyer is assuming Broadway's financing, but theidentity is being kept under wraps until the deal is done. All thathe'll say is "the buyer is an out-of-town buyer with other assetsin the area." The HFF marketing team included managing directorJeffrey Hollinden and associate director Barbara Guffey.

Jonathon Yormak, principal with Broadway Partners, says thecompany has met all the goals that were set when the assetwasacquired. "One of our goals when we bought the building wasto renew Waste Management," he tells GlobeSt.com. "We were hopefulthat, with the right incentive, they'd be interested in renewingearly." He says the original lease expired in 2010. Transwesternexecutive vice presidents J. David Baker and Eric Andersonrepresented the owner for the lease talks.