The principals involved with the transaction are mum about the lease's value and terms, but the 21-story class A building is being marketed for $28 per sf to $30 per sf, gross. "The landlord and tenants made considerable investments in doing this lease transaction," says Michelle Wogan, senior vice president with Transwestern Houston, who represented Aslan Realty Partners III LLC, a fund of Chicago-based Transwestern Investment Co.

Fogarty Klein Monroe's lease takes the building to 95% occupancy. The firm will move from 7155 Old Katy Rd. to space vacated about two years ago by Continental Assurance Co. of Chicago. Wogan, who partnered with Transwestern associate Monte Calvert, says the largest pocket of space remaining in the building is 10,000 sf on the fourth floor--and negotiations are under way for at least part of it.

Wogan tells GlobeSt.com that not only is it "a pretty stabilized asset," but it was fortunate enough to recover quickly from Hurricane Ike. "This is one of the few buildings in the Galleria submarket that sustained minimal damage and had power quickly," she adds.

Page Southerland Page LLC of Austin, TX is designing the agency's new office. Kevin Gardner with CresaPartners LLC in Houston represented the tenant.