Transwestern already has assumed the duties for the 193,148-sfCorporate Square Tower and 66,490-sf Corporate Square GardenBuilding, both at 4801 N.W. Loop 410 in the northwest submarket,and the 155,023-sf Cypress Tower at 1222 N. Main in the CentralBusiness District. "We're already on board, in place and doing it,"Kevin Roberts, TCS' senior vice president, told GlobeSt.com.

The contract represents the largest single square-footageassignment in San Antonio for the Transwestern office. SouthwesternBell Corp. leases all of the Corporate Square Garden Building and78,100 sf in Corporate Tower. Hartford Fire Insurance Co. leases24,558 sf in the tower while the anchors at Cypress Tower are SanAntonio Water System, 59,728 sf, and the University of Texas at SanAntonio, 21,000 sf for its administrative offices.

Roberts says Transwestern is actively marketing eight suites,each under 8,000 sf that have been vacated in the tower. Another35,892 sf will free up in February 2001 that is presently beingused by SBC. Cypress Tower is renting for $16 to $18 per sf and theCorporate Square properties for $18.50 to $20 per sf, according toRoberts. Koll Bren Schreiber, based in Newport Beach, CA owns 74million sf in 675 properties nationwide.

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