HOUSTON-Broadway Partners LLC has entered into an agreement to sell the 608,622-sf One City Centre. The company, which acquired the class A office building in February 2007, began marketing the building while negotiating a 181,000-sf lease renewal for one of its main tenants, Waste Management Inc.

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

Robert Williamson, managing director in Holliday Fenoglio Fowler LP’s Houston office, expects the deal to close by the end of June. He says the buyer is assuming Broadway’s financing, but the identity is being kept under wraps until the deal is done. All that he’ll say is “the buyer is an out-of-town buyer with other assets in the area.” The HFF marketing team included managing director Jeffrey Hollinden and associate director Barbara Guffey.

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