HOUSTON—Transwestern Commercial Services has appointed Katie Sakach as managing director of asset services, which provides property management, building operations, tenant relations, budgeting, capital improvements, financial reporting, and energy and sustainability solutions to national clients. Partnering with Sakach in an expanded leadership role is managing director Brett Williams, who will focus on national business development initiatives for asset services and the company's related real estate offerings.

“Transwestern serves some of the largest and most prestigious institutional investors across the country, presenting a tremendous opportunity for our teams to offer integrated solutions that positively impact our clients' bottom line,” said Tom Lawyer, president of Transwestern Commercial Services. “Katie and Brett are both consummate professionals who bring to their new roles proven experience and deep relationships with Transwestern clients, partners and team members. Their guidance will be invaluable as we continue to drive operational efficiencies and enhance value across our portfolio of managed properties.”

Sakach joined Transwestern in 2003 and has more than 20 years of experience overseeing a mix of class-A assets in addition to value-add properties in both central business districts and suburban locations. Throughout her career, Sakach has been responsible for proactive expense management, capital and project administration, major contract procurement, and tenant/client relations. She leads Transwestern's innovation committee creating solutions for operational efficiency, workplace experience and occupier solutions in the evolving built environment.

Williams recently rejoined Transwestern from Madison Marquette, where he oversaw the operations of properties exceeding 40 million square feet. He brings more than 25 years of experience working with clients including Invesco, Clarion, KBS, Nuveen, Metzler and Coventry Development, and has worked for national real estate firms Weingarten Realty, Equity Office Properties and Thomas Properties Group. His business development expertise and extensive relationships with institutional investors have proven to be a strong differentiator for Transwestern.

“It is an honor to work with an outstanding asset services team, one that consistently goes above and beyond to create extraordinary experiences for our clients, tenants and team members,” Sakach tells GlobeSt.com. “I look forward to contributing my skills and experience nationally as we continue to deliver superior results across Transwestern's national managed portfolio.”

Annual asking rental rate growth for the office sector was above the five-year average of 3.4% and tied for the highest percentage growth this cycle, previously set in third quarter 2018, according to a report by Transwestern. Rents are expected to settle between 3% to 3.5% by the end of the year. Most or 45 of 49 US markets sampled reported positive rent growth with 24 markets recording rates above 3%.

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